Open Access secures $750,000 investment to boost South Africa’s renewable energy sector
Open Access Energy (OAE), a software company focused on energy transactions, has secured a $750,000 investment from Factor E Ventures as part of a $1.5 million seed funding round. This investment is aimed at enhancing South Africa’s energy stability and supporting the country’s transition to renewable energy. Founded in 2021, OAE has developed innovative platforms like Amptera and Energypro, which facilitate real-time energy transactions and improve energy management for independent power producers (IPPs) and municipalities….