Diligence memo · auto-generated · as of July 2, 2026
The Sun Exchange
The Sun Exchange has raised $1.6M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
The Sun Exchange operates in Crypto / Web3, based in SA, Africa. SA’s The Sun Exchange raises $1.6m to accelerate growth 0 By Tom Jackson on October 19, 2017 News , Southern Africa South African blockchain-based peer-to-peer solar lending startup The Sun Exchange has received US$1.6 million in funding from a host of investors to accelerate its growth. The Sun Exchange allows users to crowdfund solar projects in Africa using bitcoin, increasing transparency and reducing the cost of the cross-border transactions.
Sub-sector tags: climate/cleantech, crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
The Sun Exchange has raised $1.6M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.6M on 2017-10-19.
Most recent recorded round closed around 2017-10-19.
Valuation (modeled)modeled
Provath models The Sun Exchange at approximately $63M (range $10M–$113M). 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 8.7 yr ago; this sector typically re-raises about every 7 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 58% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 74% of those peers.
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.