Azuri Technologies
Azuri Technologies provides pay-as-you-go solar home systems with embedded HomeSmart™ machine-learning energy management to off-grid households across sub-Saharan Africa, distributed via local partners in Kenya, Nigeria, Uganda, Zambia, and Tanzania.
- Company typePrivate
- Founded2012
- HeadquartersCambridge, United Kingdom
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Azuri Technologies does
Azuri Technologies, founded in 2012 and headquartered in Cambridge, UK, is a pioneer of pay-as-you-go (PayGo) solar home systems for off-grid households across sub-Saharan Africa. The company has deployed over 200,000 systems across 12 countries, with core operating markets in Kenya, Nigeria, Tanzania, Uganda, and Zambia, supported by regional headquarters in Nairobi and Lagos. Its product portfolio spans the Azuri Quad 15W entry-level lighting system, the AzuriTV/TV400 solar-powered television systems, and the Azuri GrowFast solar irrigation system — all embedded with the proprietary HomeSmart™ machine-learning technology that learns a customer's usage pattern and adapts energy output to climatic conditions to ensure 'light all night'.
The commercial model is a PayGo subscription with no upfront cost: customers make small weekly or monthly instalments via mobile money over 18-30 months, after which they own the system and all generated energy is free. Azuri reaches customers through a partner-led distribution model (e.g., Raj Ushanga House in Kenya, Kazang in Zambia) and a field sales agent network, with bundled revenue streams from DStv/MultiChoice satellite content, Unilever Sunlight FMCG bundles, and APA Insurance HospiCash micro-insurance. A 2017 receivables financing program with the EU's ElectriFI provides debt secured against forward customer revenues. In January 2022, the company transferred servicing of its 50,000 active Kenyan customers and its sales team to Solar Panda under a servicing agreement, while continuing direct operations in the remaining four core African markets.
Azuri has raised approximately $53M across disclosed funding events, including a $26M equity round led by Marubeni Corporation in June 2019, and has been recognized on the Sunday Times Tech Track 100 (2019, 2020), the FT1000 Europe's Fastest Growing Companies list (2020, 2021) and the Global Cleantech 100 (2020).
Azuri Technologies firmographics
Firmographics- Name
- Azuri Technologies
- Legal name
- Azuri Technologies Ltd
- Website
- https://azuri-group.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Azuri Technologies provides pay-as-you-go solar home systems with embedded HomeSmart™ machine-learning energy management to off-grid households across sub-Saharan Africa, distributed via local partners in Kenya, Nigeria, Uganda, Zambia, and Tanzania.
- Ownership category
- akta.pro rank
Azuri Technologies industry classification
Industry- Product category
- Off-Grid Solar Home Systems
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industry
- Community Solar Development & Subscription Management (EUAMAJAA)
Keywords
Where Azuri Technologies is headquartered
LocationHeadquarters
- HQ city
- Cambridge
- HQ country
- United Kingdom
- HQ region
- Europe
Offices7 records
Markets served
Azuri Technologies business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Pay-as-you-go solar home system subscriptions: Core recurring revenue stream: customers pay small weekly or monthly instalments (no upfront cost) for solar home systems including Quad lighting system or AzuriTV packages. Once fully paid (typically 18-30 months), the system is owned by the household and all power generated is free to them. Customers progress along a 'services spiral' from entry-level lighting products to larger TV systems.
- Hardware sales (solar panels, batteries, TVs, appliances): One-time hardware component embedded in PayGo contracts. Includes solar panels, LFP batteries, LED lights, satellite TV units, DStv decoders, rechargeable radios/torches, and GrowFast irrigation pumps. DStv decoders bundled with Azuri TV400 system.
- Service fees / servicing agreements: Servicing agreement revenue from partners managing Azuri's customer base (e.g., Solar Panda servicing 50,000 active customers in Kenya from January 2022). Generates ongoing service management fees.
- Partnership / content bundling revenue (DStv/MultiChoice): Bundled content partnership with MultiChoice/DStv brings pay TV subscription revenue to off-grid customers. DStv package subscriptions (Access KES 1,000, Family 1,380, Compact 2,650, Compact Plus 4,800, Premium 7,900 per month) attach to Azuri hardware.
- Receivables-backed debt financing: Receivables financing program launched in 2017 with EU's ElectriFI where debt is secured against forward customer revenues. Allows commercial investors to finance growth via customer receivables.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Azuri TV400 - 32" Solar TV with DStv bundle |
| Usage-based | Pay-as-you-go | Azuri Quad 15W Solar Home System - complete lighting package |
| Other | Pay-as-you-go | Harvest payment plan for farmers |
| Subscription | Pay-as-you-go | AzuriTV standard - 24" super slim LED TV package |
| Subscription | Pay-as-you-go | Azuri Quad standard entry-level lighting system |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels8 records
Azuri Technologies product offering
Product offeringCore offering
Azuri Technologies designs, manufactures, and distributes pay-as-you-go (PayGo) solar home systems to off-grid households across sub-Saharan Africa, including lighting packages, solar-powered TVs, and solar irrigation systems. Customers pay a small deposit and then make frequent top-ups via mobile money to unlock continued energy service. The company also bundles micro-insurance and partners with last-mile distributors to extend product reach to rural communities.
Product overview
Azuri Technologies offers a pay-as-you-go (PayGo) solar home system platform for off-grid households across sub-Saharan Africa, structured as a platform-plus-modules architecture. The core offering is a complete solar home system — available as the Azuri Quad 15W lighting system or the AzuriTV/TV400 solar-powered TV system — sold on a PayGo financing model with weekly or monthly instalments via mobile money, with all energy free once the system is paid for. Embedded within every system is Azuri's proprietary Azuri HomeSmart™ machine-learning technology (for energy optimization) and Azuri Toughscreen™ (for durability). Supplementary products and services include the Azuri GrowFast solar irrigation system (an add-on module for smallholder farmers), Azuri HospiCash micro-insurance (bundled with the PayGo top-up via APA Insurance), and bundled offerings such as DStv/Zuku satellite TV content and Unilever Sunlight washing powder. The Brighter Lives Initiative is a non-product program supporting women in the solar sector.
Differentiator
Problem solved
Functional benefit
Brands
- Azuri Quad: Entry-level pay-as-you-go solar home system providing complete household lighting, rechargeable radio and torch, and mobile phone charging.
- AzuriTV
- Azuri GrowFast
- Azuri HospiCash
Products and services
- Azuri Quad 15W Solar Home System
- AzuriTV 24-inch and 32-inch Solar-Powered TVs
- Azuri TV400 Solar Home System
- Azuri GrowFast Solar Irrigation System
- Azuri HospiCash Micro-Insurance
Quantifiable outcome
- USD 1.99 million average energy savings per 10,000 units installed over solar product lifetime
- +6 more outcomes
Companies that use Azuri Technologies
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles2 records
Azuri Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature7 records
Azuri Technologies partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship, core and minor.
- Solar PandaflagshipServicing agreement announced January 18, 2022 for Solar Panda to service Azuri's 50,000 active customers in Kenya currently paying for financed solar home systems. Azuri's extensive team of sales agents transitioned to Solar Panda. The deal increased the number of active customers under management by Solar Panda by 50% and now serves 180,000 homes across Kenya via 33 shops.
- MultiChoice Kenya (DStv)flagshipPartnership announced March 24, 2021 to bring DStv content to off-grid households in Kenya. The partnership bundles Azuri's TV400 product (32" solar powered TV and household energy solution) with the DStv HD decoder to offer customers international entertainment, news, documentaries, and educational content including Premier League.
- Unilever (Sunlight brand)flagshipCo-marketing agreement launched in 2018 — first example of a pay-as-you-go business partnering with a global FMCG brand to accelerate distribution of Azuri's life-changing solar products to off-grid rural customers. Azuri and Unilever partnership offers free Sunlight washing powder with every Azuri Quad solar home system. Sunlight Brand expanded the partnership as part of Azuri's Brighter Lives Initiative in 2020.
- APA Insurance (HospiCash)corePartnership in Kenya to offer Azuri HospiCash — an income cover and life insurance product exclusively designed for off-grid customers, with a small premium added to their weekly pay-as-you-go system top-up.
- KazangcoreDistribution partner in Zambia offering solar-based solutions like light, TV, and phone charging to address 15-hour power outages that can occur due to insufficient investment into Zambia's energy infrastructure.
- Raj Ushanga HouseflagshipKenyan distribution partner for Azuri. Alice Nduku Wanza was recruited by Raj Ushanga House to work in the technical centre, later transferring to Azuri's logistics and technical department.
- Imperial College London (Dr Sunday Popo-Ola)minorAzuri joined forces with Imperial College London's Dr Sunday Popo-Ola to deliver the 5-day 'Creative Futures Nigeria' workshop in Kwara State, Nigeria in August 2019. The workshop introduces school students aged 9-16 to science, technology, engineering and mathematics.
- Kwapa Farmers AssociationminorFarmer association in Kwapa village, Uganda that promoted Azuri's GrowFast solar irrigation system to its members. Patrick Padde, a member, was one of the first recipients and agreed to demonstrate the system to other farmers.
- GOGLA (Global Off-Grid Lighting Association)coreAzuri is an active member of GOGLA, the global association for the off-grid solar energy industry. Azuri went above and beyond GOGLA's minimum Consumer Protection Principles. Azuri was part of the GOGLA Impact Working Group that compiled Version 3.0 of standardised impact metrics for the off-grid industry.
- British High Commission (Kenya)coreHosted Azuri's inaugural Women in Solar event at the British High Commission in February 2020 to launch the Brighter Lives Initiative. British High Commissioner Jane Marriott has publicly endorsed Azuri's gender equality and clean energy work.
- Lighting Global (World Bank / IFC)coreEach Azuri product meets the high Quality Standards of Lighting Global, an initiative of the World Bank and IFC.
- Office of the Vice President of Nigeria (Beyond the Grid)coreRural electrification intervention 'Beyond the Grid' under which Azuri solar home systems have been installed in over 20,000 off-grid households in 12 Northern states of Nigeria.
Scale indicators16 records
Recent moves7 records
Expansion highlights6 records
Azuri Technologies competitors and assessment
Company assessmentDirect peers
- BBOXX: UK-based PayGo solar company deploying solar home systems across sub-Saharan Africa and Asia via distribution partners and mobile-money financing. Closely comparable business model and geographic overlap with Azuri.
- M-KOPA: Kenya-based pay-as-you-go solar home system provider serving off-grid households across East Africa with mobile-money-enabled financing. Closest direct competitor to Azuri's Quad and AzuriTV products in Kenya, Uganda and Tanzania.
- Fenix International (ENGIE Energy Access): PayGo solar home system provider originally focused on Uganda and Zambia, now part of ENGIE. Directly competes with Azuri in Uganda and Zambia using mobile-money-enabled solar financing.
- Solar Panda: Canadian/Kenya-based PayGo solar home system company that assumed servicing of Azuri's 50,000 active Kenyan customers and absorbed its Kenyan sales agents in January 2022. Direct peer that is now also a former Azuri channel partner.
- Zola Electric (formerly Off Grid Electric): PayGo solar provider operating across Tanzania and other African markets with bundled solar home systems. Direct competitor in Azuri's Tanzania territory using comparable mobile-money financing model.
- Greenlight Planet (Sun King): Global off-grid solar company selling pay-as-you-go solar home systems and lanterns across Africa and Asia. Comparable product portfolio (Sun King/PayGo) and overlapping distribution with Azuri in multiple African markets.
- d.light: Global pay-as-you-go solar company with strong East and West Africa presence offering solar home systems, lanterns and appliances to off-grid households. Direct competitor across multiple African markets where Azuri operates.
Emerging players
- Husk Power Systems: Off-grid renewable energy company deploying solar mini-grids and distributed solar systems across sub-Saharan Africa and South Asia. Adjacent business model targeting similar off-grid customer segments.
- BioLite: Off-grid energy company offering solar-powered home systems, lanterns and clean cookstoves primarily in East Africa and South Asia. Comparable product categories and off-grid customer base though more diversified product mix.
- Equatorial Power: Uganda-based off-grid solar mini-grid and PayGo provider serving rural East African communities. Comparable geographic focus (Uganda) and overlapping off-grid household customer segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks1 record
Key highlights2 records
Customer concentration
Azuri Technologies social profiles
Digital presenceAzuri Technologies compliance and trust
Trust signalCompliance4 records
Azuri Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azuri Technologies leadership team
Management profileNumber of profiles
Profiles8 records
Azuri Technologies funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azuri Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azuri Technologies
What does Azuri Technologies do?
Azuri Technologies designs, manufactures, and distributes pay-as-you-go (PayGo) solar home systems to off-grid households across sub-Saharan Africa, including lighting packages, solar-powered TVs, and solar irrigation systems. Customers pay a small deposit and then make frequent top-ups via mobile money to unlock continued energy service. The company also bundles micro-insurance and partners with last-mile distributors to extend product reach to rural communities.
Is Azuri Technologies a public or private company?
Azuri Technologies is a private company. It is classified as venture growth investor backed and is currently operating.
When was Azuri Technologies founded?
Azuri Technologies was founded in 2012. It employs 51 to 100 people.
Where is Azuri Technologies based?
Azuri Technologies is headquartered in Cambridge, United Kingdom, in the Europe region.
How does Azuri Technologies make money?
Five revenue lines are on record. Pay-as-you-go solar home system subscriptions are the primary driver. The others are hardware sales (solar panels, batteries, TVs, appliances), service fees / servicing agreements, partnership / content bundling revenue (DStv/MultiChoice) and receivables-backed debt financing.
Who are Azuri Technologies's main competitors?
Direct peers on record are BBOXX, M-KOPA, Fenix International (ENGIE Energy Access), Solar Panda, Zola Electric (formerly Off Grid Electric), Greenlight Planet (Sun King) and d.light. Emerging players are Husk Power Systems, BioLite and Equatorial Power.
Does Azuri Technologies have an API?
No public API is recorded for Azuri Technologies.
What industry is Azuri Technologies in?
Azuri Technologies's product category is Off-Grid Solar Home Systems. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of EUAMAJAA, Community Solar Development & Subscription Management. Its SIC code is 4991.