Persistent Energy has raised $10 million Series C funding to grow its clean-tech venture building business in Africa, in a round led by Kyuden International Corporation, a subsidiary of the Japanese Kyushu Electric Power Group, and Financial Sector Deepening (FSD) Africa Investments.
The equity round also saw the participation of six new private investors, high net worth individuals and businesspersons including Kotaro Tamura, as well as existing investors that include BK Ventures BV and DPI Energy Ventures Pte. Limited.
Persistent Energy, as an expert and investor in the renewable energy sect
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