Okra Solar raises $7M

Okra Solar announced a Debt / Non-dilutive round of $7M on 10 November 2026. The company operates in Climate & Energy and is based in Australia. It was founded by Afnan Hannan, Co-founder and CEO. Announced 3 days ago.

Raised
$7M
Stage
Debt / Non-dilutive
Industry
Climate & Energy
Country
Australia

Founder

Afnan Hannan
Co-founder and CEO, Okra Solar
LinkedIn not availableokrasolar.com

Outreach angles

  • -Afnan Hannan and co-founder Damian Veling were both named to Forbes 30 Under 30 Asia 2021 for helping utility companies in Cambodia electrify off-grid rural villages.
  • -Hannan co-founded Okra in 2016 to build mesh-grids, which combine solar generation, battery storage and smart controls so neighbouring homes and businesses can share power. Okra now has over 13,000 households connected and over 2.3MW installed.
  • -The $7M debt facility from British International Investment will fund bulk equipment for about 150,000 new connections in rural Nigeria, and is expected to cut delivery times from about four months to two.

Signals

DebtClimate TechHardwareNew Market

Round details

Company: Okra Solar
Domain: okrasolar.com
Amount: $7M
Stage: Debt / Non-dilutive
Industry: Climate & Energy
Country: Australia
Announced: 10 November 2026
Source: announcement

Other Climate & Energy raises

Recently funded in Australia