Sun Exchange secures $2.5m

South Africa-based Sun Exchange, a solar energy startup, raises from from ARCH Emerging Markets Partners Limited’s Africa Renewable Power Fund.

Cape Town, South Africa-based Sun Exchange, a solar energy start-up, has raised $2.5 million in the form of a convertible note from ARCH Emerging Markets Partners Limited’s Africa Renewable Power Fund. The company previously raised $3 million from ARPF in the company’s Series A funding round.

Source: Company blog post