Lightrock closes $500m fund to back startups improving energy access across Asia and Africa
15 maj 2026
09:46
Lightrock has closed a $500m fund to back proven energy access businesses across Africa and Asia.
The fund has bought on oil majors Equinor, Shell, and TotalEnergies as its LPs.
"The mainstream energy companies can contribute significant resources beyond capital," a Lightrock spokesperson tells Impact Loop.
The fund has bought on oil majors Equinor, Shell, and TotalEnergies as its LPs.
"The mainstream energy companies can contribute significant resources beyond capital," a Lightrock spokesperson tells Impact Loop.
London-headquartered Lightrock has closed a $500m fund dedicated to growth-stage businesses advancing access to affordable energy across Sub-Saharan Africa, South Asia, and Southeast Asia.
The fund, known as Accelerate7, targets companies aligned with UN Sustainable Development Goal 7 – affordable, reliable, sustainable and modern energy for all. Initial ticket sizes range from $10m to $50m.