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Since 2025, Powering Renewable Energy Opportunities (PREO) has backed 1 African startup across 1 disclosed funding round totaling $200,000, most heavily in Benin and Travel & Mobility.
Powering Renewable Energy Opportunities (PREO) is a grant funding programme that supports productive use of renewable energy in developing markets. It is funded by the IKEA Foundation and UK aid through the Transforming Energy Access platform, and delivered by the Carbon Trust and Energy 4 Impact. PREO focuses on stimulating renewable energy demand in rural communities to create long term jobs, reduce poverty and empower women. In Africa, PREO provides grant support to enterprises using renewable energy in sectors such as travel and mobility, energy and utilities, and agriculture. Based on available investment data, PREO has committed grants totaling 600,000 dollars across three funding rounds, all in July 2025. These grants have supported companies operating in Kenya and Benin, reflecting a geographic focus that includes East and West Africa. PREO has backed ZED Motors, which provides electric motorcycles for gig work in Benin, SunCulture, which offers off grid solar irrigation and water pumping solutions for small farms in Kenya, and KIRI EV, which develops electric two and three wheelers for cleaner commuting in Kenya. Through these grants, PREO advances productive use of renewable energy and supports enterprises that link clean energy with livelihoods, agriculture and sustainable mobility.
Data updated · Jul 29, 2026
Powering Renewable Energy Opportunities (PREO) has backed 1 African startup across 1 disclosed funding round tracked on Liners, totaling $200,000 since 2025.
Mostly Grant: 1 of its 1 tracked rounds are at that stage.
Companies Powering Renewable Energy Opportunities (PREO) has backed operate in Benin (1). Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Travel & Mobility (1), Energy & Utilities (1).
PREO is a grant funding programme that supports enterprises using renewable energy in productive ways, such as clean mobility and agriculture. It is funded by the IKEA Foundation and UK aid and delivered by the Carbon Trust and Energy 4 Impact.
Based on available data, PREO has provided grant funding to three companies in Africa. These are ZED Motors in Benin, SunCulture in Kenya, and KIRI EV in Kenya.
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