Zola Electric: Funding, Investors & Team (Sep 2026)
ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.
Zola Electric has raised $45.0M across 1 funding round on record, the most recent an undisclosed round of $45.0M announced in Sep 2021.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Zola Electric Company Profile and Key Stats
Latest funding round on record: Sep 2021.
Zola Electric Funding Rounds
Zola Electric Founders and Leadership Team
Contact details for the Zola Electric team: 1 of 1 has an email address on file.
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Zola Electric's latest round of $45.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Zola Electric Funding FAQs
What does Zola Electric do?
ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.
How much funding has Zola Electric raised?
Zola Electric has raised $45.0M across 1 round on record. The most recent is an undisclosed round of $45.0M announced in Sep 2021.
When did Zola Electric last raise funding?
Zola Electric's most recent funding round on record is an undisclosed round of $45.0M, announced in Sep 2021.
Who is the CEO of Zola Electric?
Bill Lenihan is listed as CEO at Zola Electric.
Where is Zola Electric headquartered?
Zola Electric is based in Amsterdam, Noord-Holland, Netherlands.
How many employees does Zola Electric have?
Zola Electric is in the 501-1000 employee band.
How does Zola Electric's funding compare to other Energy startups?
Zola Electric's latest round of $45.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Zola Electric 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 Zola Electric is left off this page rather than filled in.
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