Diligence memo · auto-generated · as of July 2, 2026
Daystar Power
Daystar Power has raised $38M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Daystar Power operates in Climate / Cleantech, based in Nigeria, Africa. Nigerian company Daystar Power, provider of hybrid solar power solutions to businesses, has announced a Series B investment of US$38 million to help it deepen its presence in various West African markets.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Daystar Power has raised $38M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $38M on 2021-01-13.
Most recent recorded round closed around 2021-01-13.
Valuation (modeled)modeled
Provath models Daystar Power at approximately $775M (range $87M–$2.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 5.5 yr ago; this sector typically re-raises about every 9 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 86% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Carbon Capture, Inc., Solarise.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.