One Degree Solar
We design, sell, and service clean energy systems and low-power appliances to power light and connectivity for those living 'off-grid' in emerging markets.
- Stage $500K in TTM Revenue
- Industry Consumer Products
- Location Nairobi, Kenya
- Currency USD
- Founded June 2012
- Employees 11
- Incorporation Type C-corp
- Website onedegreesolar.com
Company Summary
Since launching, One Degree Solar has established Fortune 100 partnerships, attracted strategic corporate investors, and sold over $1M worth of our initial product. Our model delivers industry-leading revenue to cost dynamics, meaning cost-competitive products with higher margins for everyone in the value chain.
Our Series A is being led by large European energy and electronic device firms: ENGIE (formerly GDF Suez) and Schneider Electric.
Team
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CEO
Gaurav is an entrepreneur with a background in international development, post-conflict reconstruction, and emerging markets. Before starting One Degree, Gaurav worked for the Clinton Foundation, USAID, the Liberian Ministry of Health and the Liberian Rural & Renewable Energy Agency. In 2014, the United Nations selected Gaurav as one of the top 100 entrepreneurs worldwide. Gaurav has a degree in International Development and Technology Transfer.
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COO
Coryell has led development programs in Ghana, Nigeria, and India, advised award-winning nonprofit organizations on board governance and donor management, and designed customer service strategies for Fortune 500 companies.
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Head of Design and Supply Chain
Before joining One Degree, JB founded his own successful 3D-printed jewelry business while finishing his Masters in Industrial Engineering from New York University. Prior to this, he spent time working at the ground level in a Chinese factory and at the management level of an oil pipeline company in Gabon, Equatorial Africa. Jean-Baptiste also speaks Mandarin and has an MSc from Arts et Métiers ParisTech.
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Finance Manager, Global
Aadil has a financial background with Citigroup’s Institutional Clients Group, the World Bank’s Climate Tech Program, and Kenya Climate Innovation Center. He has developed a World Bank-backed impact investment fund, which invests in clean-tech enterprises in Africa and supported portfolio companies’ access to finance strategy. Aadil is based in Nairobi, Kenya.
Previous Investors
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Schneider ElectricUnconfirmed
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