Diligence memo · auto-generated · as of July 2, 2026

Yellow

Yellow looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Yellow operates in Climate / Cleantech, based in Africa. SA PAYG energy startup Yellow raises $3.3m Series A to scale in Malawi, Uganda 0 By Tom Jackson on September 8, 2020 News , Southern Africa South African pay-as-you-go (PAYG) solar energy startup Yellow has raised a US$3.3 million Series A funding round to scale-up its footprint to over 100,000 customers in Malawi and Uganda. Founded in 2017, Yellow has enabled 30,000 low income, rural households to access electricity through solar home systems on a financed basis.

Sub-sector tags: climate/cleantech.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Yellow has raised $3.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $3.3M on 2020-09-08.

Most recent recorded round closed around 2020-09-08.

Valuation (modeled)modeled

Provath models Yellow at approximately $68M (range $4.1M–$353M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.49× the median modeled value of Series A Climate / Cleantech companies in 2019–2021 (9 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 5.8 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 63% of Climate / Cleantech peers (207 compared).

Modeled value ranks above 73% of those peers.

Closest niche peers: SunCulture, Complete Solar, Inc., Zitara Technologies, Inc., Heimdal Inc., TGP Solar Investments, LLC.

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.