United States · Funded startup

Who invested in d.light

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

CleantechIndustry 4.0

Funding summaryUpdated 26 Oct 2026

$82Mraised across 4 rounds since 2016, from 4 sources

$23MSeries D$7.5MDebt$11MGrant$41MRound
Latest round
Round, $41MDec 2018
Step-upi
3.9×
Investors
9
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20172018
$23MSeries D$7.5MDebt$11MGrant$41MRound
First round
Series D, $23M
Sept 2016
Biggest round
$41M
Round · Dec 2018
Usual gap between rounds
3 months
the median of 3

The rounds

  1. Dec 2018
    Round$41M3 new1 returning

    Reported by DealStreetAsia

  2. Jan 2017
  3. Oct 2016
    Debt$7.5M1 new

    Reported by FinSMEs

  4. Sept 2016
    Series D$23M2 new

    Reported by FinSMEs

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series D2016Debt2016Grant2017Round2018NorfundFMOE3 CapitalShell FoundationBeyond the GridDeveloping World MarketsInspired EvolutionKawiSafi Ventures FundSwedfun

Everyone who backed them

NorfundVC firm2rounds
FMOGovernment1round
E3 CapitalVC firm1round
Shell FoundationInvestment firm1round
Beyond the GridInvestment firm1round
Developing World MarketsPrivate equity1round
Inspired EvolutionGrowth equity1round
KawiSafi Ventures Fundno record of our own yet1round
Swedfunno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about d.light

Who invested in d.light?

d.light's investors include Norfund, FMO, E3 Capital, Shell Foundation and Beyond the Grid, and 4 more on record.

How much has d.light raised?

d.light has raised $82M across 4 rounds since 2016.

When did d.light last raise?

d.light's most recent round was an Undisclosed round of $41M in Dec 2018.

What was d.light's biggest round?

Its most recent round, $41M in Dec 2018, is also its largest on record.

Who backed d.light first?

d.light's first round on record, in Sept 2016, was backed by E3 Capital and KawiSafi Ventures Fund.

What stage is d.light at?

d.light's latest named round is an Undisclosed round, in Dec 2018.

Where is d.light based?

d.light is based in the United States.

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