Tech Track 100

BBOXX has raised almost $70m to support its goal of providing reliable, renewable electricity to 20m people living off-grid in the developing world by 2020. Its solar home systems provide a cleaner, cheaper alternative to kerosene. The 150,000 systems deployed so far in 35 countries are estimated to have offset more than 40,000 tons of carbon dioxide emissions and saved customers nearly £2m on energy expenses. Founders Mansoor Hamayun, 29, Laurent Van Houcke, 30, and Christopher Baker-Brian, 31, who met at university, saw the firm’s sales more than double to £20.4m last year. It continued its rapid expansion in Africa by launching in Togo in 2017.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivitySolar system manufacturer
LocationWest London
Average 3 year sales growth93.35%
Latest sales £000s*20,416

If applicable:

* supplied by company † annualised figure