*Data updated daily at 18:00 EAT
German renewable energy company Boreal Light GmbH closed an investment round of USD 7.5 Mn led by GreenTec Capital Partners. GreenTec Capital made the investment in partnership with US based family office affiliate Mr. Lane Pitcairn Pendleton.
Founded in 2014, Boreal Light GmbH designs and develops solar seawater desalination and filtration systems for remote parts of the planet and off-grid applications. Boreal Light has established a retail network of WaterKiosks in Kenya, Somaliland and Uganda in the African continent.