CrossBoundary: Funding, Investors & Team (Oct 2026)
CrossBoundary recently formed CrossBoundary Energy, the first dedicated investment fund for Commercial and Industrial solar in Africa. Many businesses in Africa generate a significant portion of their own electricity through inside-the-fence diesel generation. Due to the cost of diesel, it would be economically and environmentally optimal for these businesses to switch to renewable generation through solar and other alternatives. However, businesses are ill equipped to take the financial and technical risk to finance a conversion to renewables. At the same time, capital lacks a standardized platform to access these profitable but relatively small transactions. CrossBoundary Energy is a platform to aggregate finance for medium scale renewable self-generation. The platform finances renewable generation projects (0.2MW-10MW) that serve commercial customers in Africa such as off-grid light manufacturing, cell towers, farms, remote hospitals, eco-lodges and beverage bottlers. Our goal is to enable the delivery of energy-as-service and unlock the latent opportunity for renewable own-generation in Africa.
CrossBoundary has raised $390M across 4 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Jun 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
CrossBoundary Company Profile and Key Stats
Latest funding round on record: Jun 2026.
CrossBoundary Funding Rounds
CrossBoundary raised $140M in an undisclosed round announced in Dec 2024.
8 months later, an undisclosed round of $40.0M was announced in Aug 2025.
3 months later, an undisclosed round of $200M was announced in Nov 2025.
7 months later, an undisclosed round of $10.0M was announced in Jun 2026.
CrossBoundary Founders and Leadership Team
No contact details are on record for this team yet.
CrossBoundary Funding Compared to Other Energy Startups
CrossBoundary's latest round of $10.0M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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CrossBoundary Funding FAQs
What does CrossBoundary do?
CrossBoundary recently formed CrossBoundary Energy, the first dedicated investment fund for Commercial and Industrial solar in Africa. Many businesses in Africa generate a significant portion of their own electricity through inside-the-fence diesel generation. Due to the cost of diesel, it would be economically and environmentally optimal for these businesses to switch to renewable generation through solar and other alternatives. However, businesses are ill equipped to take the financial and technical risk to finance a conversion to renewables. At the same time, capital lacks a standardized platform to access these profitable but relatively small transactions. CrossBoundary Energy is a platform to aggregate finance for medium scale renewable self-generation. The platform finances renewable generation projects (0.2MW-10MW) that serve commercial customers in Africa such as off-grid light manufacturing, cell towers, farms, remote hospitals, eco-lodges and beverage bottlers. Our goal is to enable the delivery of energy-as-service and unlock the latent opportunity for renewable own-generation in Africa.
How much funding has CrossBoundary raised?
CrossBoundary has raised $390M across 4 rounds on record. The most recent is an undisclosed round of $10.0M announced in Jun 2026.
When did CrossBoundary last raise funding?
CrossBoundary's most recent funding round on record is an undisclosed round of $10.0M, announced in Jun 2026.
Who founded CrossBoundary?
FundedIQ lists Jake Cusack (Founder), Matt Tilleard (Founder) at CrossBoundary.
Where is CrossBoundary headquartered?
CrossBoundary is based in Nairobi, Nairobi Area, Kenya.
How many employees does CrossBoundary have?
CrossBoundary is in the 101-250 employee band.
How does CrossBoundary's funding compare to other Energy startups?
CrossBoundary's latest round of $10.0M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's CrossBoundary Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CrossBoundary is left off this page rather than filled in.
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