KarmSolar: Funding, Investors & Team (Oct 2026)
KarmSolar is a private Egyptian company established in 2011 dedicated to providing innovative off-grid solar energy solutions that are commercially viable and easy-to-use in the agricultural, industrial, and business sectors. Through developing unique approaches to each project, we develop systems that harness the power of the sun and replace diesel-powered processes and thereby produce energy that is affordable, stable, reliable, and environmentally friendly.
KarmSolar has raised $9.6M across 4 funding rounds on record, the most recent an undisclosed round of $1.4M announced in Mar 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
KarmSolar Company Profile and Key Stats
Latest funding round on record: Mar 2026.
KarmSolar Funding Rounds
1 of 4 rounds was announced without a disclosed amount and is excluded from the total.
KarmSolar announced an Undisclosed in Aug 2022; the amount was not disclosed.
2 months later, a Debt Financing of $2.4M was announced in Oct 2022.
3 years later, an undisclosed round of $5.8M was announced in Oct 2025.
5 months later, an undisclosed round of $1.4M was announced in Mar 2026.
KarmSolar Founders and Leadership Team
No contact details are on record for this team yet.
KarmSolar Funding Compared to Other Energy Startups
KarmSolar's latest round of $1.4M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like KarmSolar in Energy and Cairo
Companies Similar to KarmSolar
Cheiron is a company that specializes in exploring and producing oil from medium-sized, mature fields with a…
Voltus represents the "potential of us" to better manage energy through simple, cost and risk-free…
VEIR is a company working on a new method of utilizing high-temperature superconductors for electricity…
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The…
Altilium Clean Technology offers transition of energy from fossil-based to zero-carbon by decarbonizing the…
Adden Energy is a company that creates durable, lithium-metal, solid-state batteries. These batteries have…
Maxwell Power is a renewable energy company that installs solar panels.
Apollo Atomics is the developer of a nuclear technology designed to provide sustainable power and to meet…
Ultraviolette Automotive is a technology startup working on electric two-wheelers and energy infrastructure.…
Mojave Energy Systems is a company that provides air conditioning solutions that reduce energy use, improve…
SMT Energy specializes in developing renewable energy projects such as solar PV, community solar, standalone…
KarmSolar Funding FAQs
What does KarmSolar do?
KarmSolar is a private Egyptian company established in 2011 dedicated to providing innovative off-grid solar energy solutions that are commercially viable and easy-to-use in the agricultural, industrial, and business sectors. Through developing unique approaches to each project, we develop systems that harness the power of the sun and replace diesel-powered processes and thereby produce energy that is affordable, stable, reliable, and environmentally friendly.
How much funding has KarmSolar raised?
KarmSolar has raised $9.6M across 4 rounds on record. The most recent is an undisclosed round of $1.4M announced in Mar 2026.
When did KarmSolar last raise funding?
KarmSolar's most recent funding round on record is an undisclosed round of $1.4M, announced in Mar 2026.
Who founded KarmSolar?
FundedIQ lists Tamer Essawy (Founder) at KarmSolar.
Who is the CEO of KarmSolar?
Ahmed Zahran is listed as CEO at KarmSolar.
Where is KarmSolar headquartered?
KarmSolar is based in Cairo, Al Qahirah, Egypt.
How many employees does KarmSolar have?
KarmSolar is in the 51-100 employee band.
How does KarmSolar's funding compare to other Energy startups?
KarmSolar's latest round of $1.4M 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 KarmSolar 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 KarmSolar is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.