LeapFrog Investments invests US$70mn in Sun King

16 Dec 2022

Debevoise & Plimpton LLP has advised LeapFrog Investments (“LeapFrog”) as lead investor in Sun King’s $70 million equity investment round, part of an extension of its initial $260 million Series D round.

Sun King is the largest provider of solar energy products for off-grid homes in Africa and Asia. The company’s products have so far provided light and power to 95 million people who lacked access to reliable electricity and have prevented more than 24 million tons of carbon dioxide emissions.

LeapFrog invests in exceptional businesses in Africa and Asia, partnering with their leaders to achieve leaps of growth, profitability, and social impact. LeapFrog’s portfolio companies now reach 407 million people across 30 countries with healthcare or financial services tools.

For full details, see here.

The Debevoise team advising LeapFrog was led by partner Geoffrey Burgess, and included associates Clarissa McNerney and Guy Polani. Competition advice was provided by partner Timothy McIver and associate Megan MacDonald.

« Back to Member News

@Swedfund invests US$26mn in the African infrastructure fund AIIF4 Read more: https://t.co/cRPZ4HrceY https://t.co/BghctzCWg1

🌐We offer ALL employees from AVCA member organisations a free 7-day trial to #AVCAAcademy to gain knowledge on the… https://t.co/rDmt7JIv5l

📢 Missed 31 January 2023? Don't panic - EARLYBIRD HAS BEEN EXTENDED! Secure your place TODAY:… https://t.co/Z1aclU3Kap

LAST CHANCE to express your interest in bringing #AVCAAcademy to your organisation 👇 Let us know by voting below;… https://t.co/sIvLjXFsok

⏱ LAST CHANCE TO BOOK EARLYBIRD TICKETS FOR #AVCA2023... Book now 👉 https://t.co/Sww90MISh7 https://t.co/pviGbItOyz

;