Novomoto

NovoMoto sells high-quality solar systems for off-grid homes and small businesses in Sub-Saharan Africa. The systems transform customers' lives! Customers use our systems to improve how their children study, boost their business activities & save money. NovoMoto's systems are made affordable with payment plans. They are secured with technology that enables customers to use electricity only when they are up to date with their payments. All NovoMoto systems include customer service & a warranty.

$250+ Personalized Video from NovoMoto (NOTE: perks are not cumulative)
$500+ NovoMoto Bracelet (DRC colored)
$1,000+ NovoMoto Dri Fit T-shirt
$2,500+ NovoMoto Dashiki
$5,000+ NovoMoto Solar Kit for Camping
$10,000+ Live online tutorial on how to cook a Congolese Dish
$25,000+ Option 1. Personalized Virtual tour of Kinshasa and NovoMoto's Operations. Option 2. A handmade map of Congo made in Congo
$50,000+ Option 1. Invitation to a NovoMoto Company Outing in Kinshasa or Option 2. A handmade wooden sculpture made in Congo
$100,000+ Option 1. Personalized Guided tour of Kinshasa and NovoMoto's Operations or Option 2. A customized painting made in Congo

Opportunity to invest in $25B energy market in sub-Saharan Africa
Invest in a first mover in the off-grid solar market in D.R. Congo with the goal of bringing electricity to 1 million families by 2026
Completed over 300 solar installations for customers in D.R. Congo up to mid-2019, 13% month-over-month growth since mid-2017
More than 1500 people have access to electricity from NovoMoto's installed systems
More than $20,000 savings provided to our customers
Lead Investor: Amy Gannon invested $50,000

If $50,000 is raised:

If we raise $50,000 we will spend the funding as follows: 30% Purchasing hardware (solar panels, controllers, batteries, LED lights, cables, and other misc. items) - 300 single light PAYG solar systems 63.5% Operational costs for the team (salaries, travel expenses, office rentals) - 2 months runway 6.5% Wefunder intermediary fee

If $1,070,000 is raised:

If we raise $1,070,000, we will spend the funding as follows: 60% Purchasing hardware (solar panels, controllers, batteries, LED lights, cables, and other misc. items) - 2000 TV systems and 2000 single light PAYG solar systems 33.5% Operational costs for the team (salaries, travel expenses, office rentals) - 12 months runway 6.5% Wefunder intermediary fee

Aaron Olson
Co-Founder/CEO
PhD at UW-Madison and former NASA Space Technology Research Fellow

Mehrdad Arjmand
Co-Founder/CEO
PhD at UW-Madison at the Materials Research Science and Engineering Center

$1.00 per share

8% interest

20% discount

$100K+ voting right threshold