Lumos Global: Revolutionizing Power Solutions in Africa
About Lumos Global
Lumos Global is a progressive digital startup providing the African market with a revolutionary solution in the form of solar home systems. Almost 1 billion residents of Africa face the problem of inadequate electricity supply and Lumos Global aspires to address this issue with an accessible and environment-friendly power solution. Their technology is not only easy-to-use but also comes with personalized service. By offering power for commonly used appliances like bulbs, computers, fans, and TVs, Lumos is not just enabling their customers to save money, but also making a significant contribution towards reducing CO² emissions.
About Lumos Global's Pitch Deck
The Lumos Global pitch deck presented at the NOAH Conference Berlin 2019 by Davidi Vortman strongly reflect the company's vision of making power available for everyone. Unfortunately, specific information regarding the type of round, amount amassed, or the year in which the pitch deck was created isn't available. Nevertheless, primary focus of this pitch deck is to accentuate the impact of Lumos' offerings on socio-economic development, environmental sustainability, and the transformative change in African communities.
Why Investors Believed in Lumos Global?
Investment in Lumos Global represents strong belief in its mission to provide clean and reliable power solutions to parts of Africa which lack this basic amenity. This mix of social enterprise and robust, scalable technology holds potential for significant returns. The socio-economic upliftment that Lumos Global provides, coupled with its environment-friendly solution was appealing to investors. Their direct impact on improving lives and livelihoods in African communities, facilitating educational development and fostering new opportunities, signifies robust growth possibilities and resonated with investors.
