Sun Exchange secures $2.5m convertible note financing

Crowd-based solar leasing platform Sun Exchange has secured $2.5-million in convertible note financing from Mauritian private equity fund ARPF, which is advised by London-based ARCH Emerging Markets Partners (ARCH). This follows the company’s close of a $4-million Series A funding round in 2020, led by a $3-million investment from ARCH.