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Local Green Tech Battery Manufacturer on Their Way to Growth

The Challenge

I-G3N is the only black empowered female-owned SME to successfully develop lithium-ion batteries specifically for the African continent, and designs, develops and manufactures battery energy storage systems. I-G3N required investment to assist growth and guidance to formalise business operations and a go-to-market strategy.

The Solution

Edge Growth, through the ASISA ESD Fund, assisted them with a R20m investment and dedicated growth support. They needed investment to assist financial growth and employ more people, and guidance to formalise their business operations and redefine their go-to-market strategy.

This investment and partnership helps to unlock growth in I-G3N’s key target sectors and will also ultimately increase adoption of renewable energy, create jobs and upskill local talent in the growing energy storage industry.

The Impact

  • The investment and partnership is assisting I-G3N to achieve growth in their key target sectors.
  • Boosting more rapid job creation and upskilling local talent in the growing energy storage industry.
  • I-G3N is now well on their way to be a fast-growing company with an exceptional management team, delivering an innovative solution for secure, resilient cleaner energy and driving economic growth.