Beacon Power Services

Beacon Power Services

ClimateTechGrid ModernizationB2B📍 Nigeria

Beacon Power Services is a Nigerian energy technology startup founded in 2014 that develops digital infrastructure and software solutions to help electricity distribution companies monitor power networks, reduce operational losses, and improve revenue collection. The company operates three major technology platforms: CAIMS, Adora, and Xepp. This funding will support a $20.9 million project aimed at improving electricity distribution and grid management across Nigeria by deploying smart meters and digital electricity management solutions.

Total raised
Undisclosed
tracked to date
Latest round
Debt
Oct 16, 2026
Known investors
1
led by European Bank for Reconstruction and Development (EBRD)

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Funding history

  1. 1
    $10 millionDebtOct 16, 2026

    Led by European Bank for Reconstruction and Development (EBRD)

    Announcement ↗

Founder

Bimbola Adisa
Bimbola Adisa
founder

Investors in Beacon Power Services

Backers from this company's tracked funding rounds.

  • EEuropean Bank for Reconstruction and Development (EBRD)Lead investorVC firm

Beacon Power Services in the news

Coverage of this company's funding, tracked by Datapile.

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Beacon Power Services — ClimateTech startup in Nigeria | Datapile