Kampala, Uganda – Six Ugandan startups have presented their business plans to investors in London, seeking funding to scale up their operations.
The startups, which are focused on climate change mitigation and adaptation, were selected to participate in the UK-funded Climate Finance Accelerator Uganda programme.
Agrosahas International Private Limited is an organic-focused agritech platform providing AI/machine learning and satellite-based precision farming services to farmers. The company is seeking investment to expand its operations and reach more farmers.
Ecobrixs recycles plastic waste into PET flakes for reuse in Uganda or export. The company is looking for funding to increase its recycling capacity and meet growing demand for its products.
Ecoplastile Limited offers a closed-loop integrated waste management service recycling waste into affordable, high-performance, low-carbon construction materials. The company is seeking investment to scale up its operations and expand its product line.
Kwanza Infrastructure Group is developing hydroelectric power projects on the Sisi, Simu, and Ngenge rivers in Eastern Uganda. The company is looking for funding to complete the development of its projects and begin construction.
Protone Energies Limited specializes in solar energy battery refurbishment aimed at doubling battery lifespan at 38% of the cost of a new one. The company is seeking investment to expand its operations and meet growing demand for its services.
Silverfleet Limited has introduced an electric vehicle taxi fleet solution accessible via an online platform and mobile app. The company is looking for funding to scale up its operations and expand its fleet of electric vehicles.
Minister for Africa, Lord Collins, and Minister for Climate, Kerry McCarthy, attended the event, which was hosted at Church House in Westminster.
The UK Government has committed to supporting businesses in Uganda that are working to address climate change. The Climate Finance Accelerator Uganda programme is part of this effort, providing funding and technical assistance to startups that are developing innovative climate solutions.
Discussion about this post