SunFunder Inc, unlocking capital for emerging market solar
SunFunder was founded in 2012 as a crowdfunding platform, and evolved rapidly to offer innovative financial solutions by bringing together investors in blended debt funds. Their mission is to pioneer and scale climate investments in emerging markets, with a current focus on the clean energy transition in Africa and Asia. SunFunder financed 60 solar companies over the last decade. In June 2022, SunFunder joined forces with impact investing leader Mirova to accelerate emerging market clean energy and climate investments as Mirova SunFunder.
SunFunder builds long-term partnerships for scale – 80% of their investments have been to repeat clients. SunFunder provides sectoral expertise and unique structuring capability. They have advised and led syndications for a range of companies, developing the right financing structures and minimizing the fundraising burden for the clients.
SunFunder's projects are achieving direct impact at the intersection of climate change and inequality. SunFunder has been at the center of the growth of a new sector bringing extraordinary impact. Solar energy displaces fossil fuel power generation and lighting, helping to set the world’s fastest growing regions onto low carbon development pathways. The investments deliver improved food security, water efficiency, economic productivity and other climate resiliency, particularly in agriculture and rural areas. Households and enterprises thrive with better energy access and improved reliability, while clean energy development creates jobs and delivers energy cost savings. Women particularly benefit from the social and economic benefits of distributed solar, and we are committed to gender leadership: our funds qualify for the G7’s 2X Challenge on gender.