Though there’s both an immense demand for affordable energy and an abundance of green energy resources across Africa, energy producers struggle for financial sustainability, ultimately leaving 40% of the population without electricity. Using a proprietary bitcoin mining model, Gridless partners with existing renewable energy generators to monetize their full capacity and serves as an anchor tenant for new generators. This can improve energy production economics and create a financial incentive for the build out of new energy generation, and it provides Gridless the core operating advantage of abundant low cost electricity.

Founded
2022
PARNERED
2022
Headquarters
East Africa
LAST ROUND
Seed
Website
gridlesscompute.com
Social

Erik Hersman, CEO and Co-Founder
Janet Maingi, COO and Co-Founder
Phillip Walton, CFO and Co-Founder