US-based cleantech developer Angaza has raised $10.5m of series B capital from investors including the Stanford-StartX fund, the vehicle co-founded by accelerator StartX and Stanford University, TechCrunch reported on Monday.
The round was led by impact investment firm Emerson Collective, while Salesforce Ventures, the corporate venturing arm of customer relationship management platform Salesforce, Social Capital and Rethink Impact also took part.
Angaza offers pay-as-you-go functionality for off-grid solar systems in remote areas of developing countries. Users acquire a solar charging…