SolarX - About the company
SolarX is a series B company based in Bamako (Mali), founded in 2020 by Karim Ghammache and Simballa Sylla. It operates as a Provider of renewable energy solutions for industrial and commercial clients. SolarX has raised $5.34M in funding from investors like E3 Capital, FMO and British International Investment. The company has 3 active competitors, including 2 that are funded. Its top competitors are ARNERGY and Horonya Solar.
Company Details
Provider of renewable energy solutions for industrial and commercial clients. This organization facilitates energy transition through the development, financing, and implementation of solar power systems and efficiency technologies. It acts as a central partner for businesses seeking to optimize power consumption and reduce carbon footprints. Services include the deployment of grid-connected solar installations, energy digitalization, and the provision of high-quality technical equipment. By integrating specialized engineering expertise with financial structures, the firm supports the transition to sustainable power sources. It coordinates with technology suppliers and consultants to deliver comprehensive infrastructure projects that improve energy quality and operational efficiency for various industrial facilities.
- Website
- solarx-africa.com
- Email ID
- *****@solarx-africa.com
- Phone Number
- +223 **********
Key Metrics
Founded Year
2020
Location
Bamako, Mali
Stage
Series B
Total Funding
$5.34M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 3 active competitors
Employee Count
67 as on Sep 30, 2026
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SolarX's funding and investors
SolarX has raised a total funding of $5.34M over 4 rounds. Its first funding round was on Jul 17, 2020. Its latest funding round was a Conventional Debt round on Nov 21, 2025 for $*****. 1 investor participated in its latest round. SolarX has 4 institutional investors.
Here is the list of recent funding rounds of SolarX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2025 | 4436119 | Conventional Debt | 7503086 | 4732329 | 6628817 | 4828566 |
Oct 11, 2022 | 8419686 | Series B | 8445551 | 1784427 | 4026413 | 4417671 |
Jul 11, 2022 | 3880753 | Series A | 8404956 | 8988725 | 3142403 |
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SolarX's founders and board of directors
Founder? Claim ProfileThe founders of SolarX are Karim Ghammache and Simballa Sylla. Karim Ghammache and Rassoul Mignane Sarr are the CEOs of SolarX.
Here are the details of SolarX's key team members:
- Karim Ghammache: Co-Founder & CEO of SolarX and founder of 2 other companies, Omnium Invest and Eplusmali. Contact Info: 2 email addresses
- Simballa Sylla: Co-Founder of SolarX.
View details of SolarX's Founder profiles and Board Members
SolarX's employee count trend
SolarX has 67 employees as of Sep 26. Here is SolarX's employee count trend over the years:
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SolarX's Competitors and alternates
Top competitors of SolarX include ARNERGY and Horonya Solar. Here is the list of Top 10 competitors of SolarX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of solar power solutions for residential and commercial | $30M | 44/100 | ||
2nd | Provider of renewable energy solutions for industrial and commercial clients | $5.34M | 43/100 | ||
3rd |  Horonya Solar 2014, Bamako (Mali), Unfunded | Solar panel manufacturing company providing renewable energy solutions for residential and commercial clients | - | - | 16/100 |
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SolarX's Investments and acquisitions
SolarX has made no investments or acquisitions yet.
Reports related to SolarX
Here is the latest report on SolarX's sector:
News related to SolarX
•
SolarX showcases energy storage system options at IntersolarSolar Power World Online•Feb 20, 2023•SolarX
•
SolarX has successfully completed its Series A funding round, led by EAV.Africa Business Communities•Jul 11, 2022•SolarX, Energy Access Ventures, Bamko
•
SolarX Announces Strategic Partnership with Schneider ElectricAfrica Business Communities•Jul 11, 2022•SolarX, Schneider Electric
•
Malian solar company SolarX raises Series A funding roundDisrupt Africa•Jul 20, 2020•SolarX, Energy Access Ventures, CDC Group
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