South African Climate Tech Startup Plentify Secures Funding For Expansion
- Plentify has closed an oversubscribed funding round to fuel growth within South Africa and support expansion into international markets.
- The funding round included investors such as Third Sphere, TELUS Pollinator Fund for Good, Susquehanna Foundation, and Fireball Capital.
- Plentify is a smart energy company that develops smart home products to strengthen electricity systems using advanced hardware, artificial intelligence, and user-centric design.
The funding secured by Plentify is a positive development for the company as it will enable them to expand their operations both within South Africa and internationally. Their innovative approach to developing smart home products for electricity systems shows promise for a sustainable future.
