When was Sunwave founded?

Sunwave was founded in 2024 and raised its 1st funding round 2 years after it was founded.

Where is Sunwave located?

Sunwave is headquartered in Dar es Salaam, Tanzania.

How many employees does Sunwave have?

As of Jun 30, 2026, the latest employee count at Sunwave is 2.

Is Sunwave a funded company?

Sunwave is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 27, 2026.

When was the latest funding round of Sunwave?

Sunwave's latest funding was a $***** Seed round on Mar 27, 2026, with participation from 2 investors.

Where does Sunwave rank among its competitors?

Sunwave ranks 10th amongst 19 active competitors, of which 3 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sunwave, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Sunwave?

Sunwave's top competitors include Promethean Power Systems, BottleKeeper and VeriSolutions. Among them, Sunwave secured the most recent funding round in March, 2026.

Sunwave - 2026 Company Profile, Funding & Competitors

Sunwave is a seed company based in Dar es Salaam (Tanzania), founded in 2024. It operates as a Provider of solar powered ice production and storage facility systems. Sunwave has raised an undisclosed amount in funding. The company has 19 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Promethean Power Systems, BottleKeeper and VeriSolutions.

Company Details

Provider of solar powered ice production and storage facility systems. These systems utilize renewable energy to generate ice for preservation purposes. The equipment includes refrigeration units designed to maintain low temperatures for stored goods. Digital point of sale technology facilitates the electronic purchase of ice products. Training is provided to ensure the proper operation of the machinery and the associated digital payment platforms.

Website: sunwaveltd.com
Email ID: *****@logicc.com

Key Metrics

Founded Year

2024

Location

Dar es Salaam, Tanzania

Stage

Seed

Latest Funding Round

Seed, Mar 27, 2026, $*****

Investors

BFA & 1 more

Ranked

10^th among 19 active competitors

Employee Count

2 as on Jun 30, 2026

Similar Companies

Promethean Power Systems & 20 more

View Sunwave's full profile

Sunwave has raised funding over 1 round. Its latest funding round was a Seed round on Mar 27, 2026 for $*****. 2 investors participated in its latest round. Sunwave has 2 institutional investors.

Here is the list of recent funding rounds of Sunwave:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 27, 2026	3611665	Seed	9682665	9931344	8745966	6087266

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View details of Sunwave's funding rounds and investors

Sunwave's employee count trend

Sunwave has 2 employees as of Jun 26. Here is Sunwave's employee count trend over the years:

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Top competitors of Sunwave include Promethean Power Systems, BottleKeeper and VeriSolutions. Here is the list of Top 10 competitors of Sunwave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Promethean Power Systems 2007, Pune (India), Series A	Manufactures and supplies cold storage and milk chilling equipment for dairy industry	$1.87M	Acumen, Tech Emerge & 10 others	37/100
2nd	BottleKeeper 2013, Phoenix (United States), Acquired	Manufacturer and brand of bottle cover to keep beer cold	$1M	Mark Cuban Companies, Lori Greiner	29/100
3rd	VeriSolutions 2015, Atlanta (United States), Deadpooled	IoT-powered temperature monitoring solutions for food refrigeration devices	$6.11M	Avery Dennison, Cerity Partners Ventures & 4 others	29/100
4th	Get Prepd 2015, Hong Kong (China), Unfunded	Smart lunchboxes	-	-	28/100
5th	Nordic 247 Services 2010, Espoo (Finland), Funding Raised	Provider of beverage e-cooling units solutions for food businesses	-	EIC Fund, Europa	28/100
6th	Ovie Smarterware 2017, Chicago (United States), Unfunded	Developer of a smart food storage system	-	-	26/100
7th	Smart Foodstuff 2013, Altamonte Springs (United States), Unfunded	Provider of food storage solutions	-	-	24/100
8th	VAQUA 2019, Dalmine (Italy), Unfunded	Developer of vacuum-based equipment to preserve and cook the food	-	-	24/100
9th	Wakati 2013, Antwerp (Belgium), Seed	Solar Powered device for extending shelf life of farm produce	$500K	SOSV	22/100
10th	Sunwave 2024, Dar es Salaam (Tanzania), Seed	Provider of solar powered ice production and storage facility systems	-	BFA, FSD Africa	20/100