# Wetility funding: rounds and investors

> Wetility has raised $28M across 1 round since 2025. Investors include Jaltech. Every round with its source.

Source: https://millionrounds.com/company/wetility (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Wetility*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy

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Funding summary Updated 5 Nov 2026

**$28M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $28M Jun 2025
- **Led by:** Jaltech
- **Investors:** 1 (1 led)

See who backed them

## The rounds

- **Jun 2025** Debt **$28M** [Jaltech](https://millionrounds.com/fund/jaltech) Lead Reported by Disrupt Africa

## Founders and team

From Wetility's own website: 3 founders, 4 on the team.

**Vincent Maposa** Founder & Chief Executive Officer

**Ikenna Oguguo** Co-Founder and Group President

**Tshifhiwa Nekhavhambe** Co-Founder, Director: Special Projects

- **Franta Pour** Chief Commercial Officer
- **Tererai Chikukwa** Group Chief Financial Officer
- **Patience Mhike** Director: Growth & Distribution
- **Tau Chimanga** Executive Director: Strategic Investments & Portfolio Management

## Everyone who backed them

[Jaltech](https://millionrounds.com/fund/jaltech) Wealth manager **1** round, led 1

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wetility).

## Quick answers about Wetility

### Who invested in Wetility?

Wetility's investors include Jaltech. Jaltech led its latest round.

### How much has Wetility raised?

Wetility has raised $28M across 1 round since 2025.

### When did Wetility last raise?

Wetility's most recent round was a Debt of $28M in Jun 2025, led by Jaltech.

### What was Wetility's biggest round?

Its most recent round, $28M in Jun 2025, is also its largest on record.

### Who backed Wetility first?

Wetility's first round on record, in Jun 2025, was backed by Jaltech.

### What stage is Wetility at?

Wetility's latest named round is a Debt, in Jun 2025.

### Where is Wetility based?

Wetility is based in South Africa.

### Who led Wetility's rounds?

Jaltech led the Debt in 2025.

## Companies like Wetility

In the same sector, and raised in the last eighteen months.

[**Creslow Energy Solutions** Jun 2026](https://millionrounds.com/company/creslow-energy-solutions)[**Plentify** Nov 2025](https://millionrounds.com/company/plentify)[**maxwell+spark** $43M · Nov 2025](https://millionrounds.com/company/maxwell-spark)[**SolarSaver** $60M · Nov 2025](https://millionrounds.com/company/solarsaver)[**Open Access Energy** $1.8M · Jun 2025](https://millionrounds.com/company/open-access-energy)[**Zero Carbon Charge** $5.6M · Jun 2025](https://millionrounds.com/company/zero-carbon-charge)

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