BBOXX raised $50m in a Mitsubishi-led series D funding round.

BBOXX, a provider of integrated technology, consulting and transformation services for the electrification markets in developing countries, raised $50m in a Mitsubishi-led series D funding round. The cash injection will further enable BBOXX’s international expansion and fuel its mission to use technology to unlock potential and transform millions of lives worldwide. "The funding is further evidence of Japanese interest in Africa and in PAYG solar energy globally. Mitsubishi's extensive reach, sector specific and technological expertise will help us to reach more people without reliable access to modern utilities and services at even greater scale," Mansoor Hamayun, BBOXX, CEO and Co-founder.