Kofa

Kofa is a Ghanaian startup building an AI-powered battery-swapping network to provide reliable, clean energy solutions for motorcycles, households, and small businesses in urban Africa. Its swappable battery network leverages IoT technology to track battery usage, predict demand, and optimize energy distribution, offering a faster, cheaper, and more reliable alternative to traditional fuel sources.

Buy Funded Startups lists

Funding Round: Pre-Series A

Funding Amount: $8.1M

Date: 01-May-2025

Investors: E3 Capital, Injaro Investment Advisors, Shell Foundation, Richard Thwaites

Markets: Clean Energy, Battery Technology, AI, IoT, Renewable Energy Semiconductor Manufacturing, Electric Vehicles

HQ: Accra, Ghana

Founded: 2021

Website: https://kofa.co/

LinkedIn: https://www.linkedin.com/company/wearekofa

Twitter: https://twitter.com/WeAreKofa

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