MPower Ventures AG
Providing and financing affordable and software-backed clean energy products in emerging markets via a B2B partnership model
c/o South Pole, Technoparkstrasse 1
CH-8005 Zurich
Switzerland
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Thematic field:
The start-up
- Manuel Seiffe (CEO), 12+ years management in solar and management consulting, M.A. International Economics at Johns Hopkins SAIS
- Greg Nau (CFO), 11+ years accounting / consulting, MBA Business Administration at IE Business School
- Michael Eschman (COO), 6+ years consulting, development finance, M.A. International Economics at Johns Hopkins SAIS
- Alejandro Jimenez, 10+ years in Software Development, B.A. Multimedia Engineering, / Y Combinator
The need
At present, more than 1.3 bn people live without access to electricity worldwide, and millions more suffer from unreliable grid connection that fails for hours every day. Off-grid and underelectrified households and SMEs rely on expensive, dangerous and unreliable fossil fuel-based products to meet their energy needs and lack access to products and financing to buy solar-based affordable alternatives upfront.
The solution
MPower Ventures addresses the pressing challenge of energy access and financial inclusion and empowers communities in emerging markets by providing a unique combination of financing, hardware and software solution. Through a highly scalable B2B partnership model, we eMPower households and SMEs by financing and by providing affordable clean energy and related products
The value proposition
- Plug&Play, mobile and affordable hardware
- High-end software for data collection (Big Data) and operations optimization
- Financing scheme allowing for product affordability
- Scalability through B2B partnership model
- Focus on credit risk mitigation via financing scheme and software solution