Barefoot Power, a social purpose business based in Sydney, Australia, has completed Series B funding of A$5.8 million (US$6 million). In addition, the company has achieved a milestone of bringing affordable solar-powered LED-based lighting and phone-charging products to two million people across 20 countries.

The company believes that energy access is one of the key building blocks of economic development, and its first area of focus has been the need for clean and affordable lighting. It designs, manufactures, and distributes micro-solar lighting products that meet the needs of communities in disadvantaged regions of the world. This helps low-income families break their dependence on inefficient, expensive and harmful light sources by giving them cleaner and cheaper options.

The funding came from three leading social investment funds - d.o.b Foundation, ennovent and Insitor Fund – along with two existing shareholders – The Grace Foundation and Oikocredit Ecumenical Development Coop – and a number of private angel investors.