BBOXX has closed a $50 million Series D investment round which was led by Mitsubishi Corporation. The investment by Mitsubishi marks a significant milestone for the company as a next generation utility.
For the past nine years the company has significantly developed its geographic reach and product offering. Through our growing network of global partnerships, it has impacted nearly one million people.
This funding round will accelerate the roll-out of BBOXX’s solar home systems and additional products across Africa where we currently operate in 12 countries, as well as in Asia. It will help to enable economic growth in more communities by creating new markets and access to essential modern utilities.