Utilities expert completes $5m financing for Africa and Asia projects

Harrison Leaf
SteamaCo, a Manchester-based technology supplier to utilities in Africa and Asia, has today announced its $5m Series B equity financing. This latest round of funding supports the company's continued technology development and growth, enabling reliable electricity services for hundreds of thousands of previously under-served people across 10 countries. Manchester-based Praetura Ventures and Shell co-led the investment round, with participation from existing shareholders. SteamaCo’s smart metering technology and cloud softwar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...