Sunray Studio is Sunray Venture’s venture builder and studio that ideates, founds and scales start-ups in emerging markets with a focus on sub-Saharan Africa. By keeping ideation and early-stage growth in house we achieve extraordinary business success and highly attractive investor returns.
The businesses that we founded and scaled to date have had a lasting positive effect on the environment and the societies we operate in, with more than 1,000 direct jobs created and more than 100MW of renewable energy capacity deployed to date.
Our catalytic financing approach amplifies impact, mobilizing additional investment at a remarkable factor of 40, which has resulted in more than $100 million invested in our companies.
Ideation & Testing
Business ideas are created and rigorously tested within Sunray Studio to maximize chances of success
Team Composition
We carefully select the founding team, to ensure complimentary skills and personality types
Financing & Support
We provide the start-ups with initial seed financing, back-office support and assist in Series-A financing
Daystar Power
African market leader for C&I solar power, acquired by Shell in 2022
Nordic Degrees
Service company to Nigeria’s heavy industry
Bisedge
West African market leader in material handling solutions
