Ugandan Startup Raises Funding from French Impact Fund to Expand Operations

Innovex, a Uganda-grown startup enabling pay-as-you-go and remote monitoring for solar companies, closed an equity investment from Gaia Impact Fund to expand its operations.

The startup developed technology that helps installers and distributors of off-grid solar energy systems to scale up using digital tools.

It was founded in 2016 by Douglas Baguma and David Tusubira, both of who graduated from Makerere University


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