Sun Exchange raises $1.6 million from investors

South Africa-based Sun Exchange, which is a marketplace for leasing solar equipment, has raised around $1.6 million in financing from a group of investors. The investors comprise Network Society Ventures from the US; Kalon Venture Partners from South Africa and three of the world’s leading technology accelerators, BoostVC, Techstars and Powerhouse from the US. The company will use the funds to meet the demand for its commercial-scale solar power projects.

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