Nigeria’s Cleantech Earthbond Raises Pre-Seed Funding
- Earthbond raises undisclosed pre-seed funding from Madica.
- Madica is affiliated with Flourish Ventures.
- Earthbond focuses on providing solar energy to Nigerian SMEs.
The emergence of startups like Earthbond is crucial for Nigeria's energy landscape, as they not only provide innovative solutions to energy access but also contribute to sustainability efforts. However, the success of such initiatives will depend on the regulatory environment and the willingness of SMEs to transition from traditional energy sources.
