Diligence memo · auto-generated · as of July 2, 2026
Solarbox
Solarbox looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Solarbox operates in Climate / Cleantech, based in Senegal, Africa. Senegal-based e-mobility and energy solutions startup Solarbox Africa has closed a US$1 million pre-seed funding round to help it meet growing demand for its solar-powered electric vehicles (EVs) in Senegal and the broader West African region.
Sub-sector tags: climate/cleantech, mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Solarbox has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2024-11-28.
Most recent recorded round closed around 2024-11-28.
Valuation (modeled)modeled
Provath models Solarbox at approximately $3.5M (range $613K–$10M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.67× the median modeled value of Pre-Seed Climate / Cleantech companies in 2022–2024 (9 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 19 mo ago; this sector typically re-raises about every 9 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 51% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 49% of those peers.
Closest niche peers: Stable Foods, Crossroads Solar Enterprises, Inc., Battery Electron Transport Associates, Inc., Stardust Solar Energy Inc., Conductor Solar, Inc..
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.