Nuru, a provider of microgrids solutions, raised over $40 million in Series B equity funding. The funding will enable the company to develop new projects that will significantly increase its existing operating microgrid assets in the eastern Democratic Republic of the Congo. The Series B round was led by the International Finance Corporation and included the participation of several other investors. Following the Series B close, Nuru will start working on three new solar metro grid projects in Goma, Kindu, and Bunia, with a combined capacity of 13.7 MW.