Sandton Capital led the $26m investment in Arkon Energy.

Sandton Capital, an investment management firm, led the $26m investment in Arkon Energy, a company that manufactures renewable energy semiconductors, with participation from JGB Management, a financial services firm. "This successful raise of $26m marks a significant milestone for Arkon Energy and will act as the linchpin for our aggressive expansion into North America. The Arkon Energy team is currently active on several proprietary and value-accretive opportunities on the North American continent, and we expect this raise and our subsequent acquisition to be the first of several over the next 12 months. We appreciate the trust our capital partners have placed in us and are eager to explore the additional new opportunities this funding will unlock," Joshua Payne, Arkon CEO.