Diligence memo · auto-generated · as of July 2, 2026
Sun King
Sun King has raised $156M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Sun King operates in Climate / Cleantech, based in Kenya, Africa. Kenyan off-grid solar energy company Sun King has closed a landmark US$156 million securitisation to scale affordable solar across the country.
Sub-sector tags: climate/cleantech, energy.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sun King has raised $156M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $156M on 2025-07-30.
Most recent recorded round closed around 2025-07-30.
Valuation (modeled)modeled
Provath models Sun King at approximately $1.3B (range $813M–$1.5B). 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 11 mo ago; this sector typically re-raises about every 9 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 91% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 91% of those peers.
Closest niche peers: Sidewalk Infrastructure Partners, Llc.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.