Bolide was launched through a strategic partnership between ALT Capital Partners, through its REimagine Fund 1, and Airnergize Ventures, an investment platform founded by New GX Capital.
The partnership is focused on practical infrastructure that helps businesses and body corporates reduce utility costs while moving toward cleaner, more resilient services. Bolide brings solar, water, connectivity, security and operational management together under one operating model.
The initiative is designed to make funded utility infrastructure easier to access and simpler to manage. Its first investment is Bolide, which is building a more connected way for South African organisations to plan, deploy and operate essential utility systems.
Read the original coverage at Engineering News for the full announcement and investment context.