Diligence memo · auto-generated · as of July 2, 2026
Yellow
Yellow looks under-valued against its niche peers and is dormant on financing cadence.
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.