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Creslow Energy Solutions backed by Abadali Fund to scale lithium batteries
South African lithium battery maker Creslow Energy Solutions has secured backing from the Abadali Fund, managed by Edge Growth Ventures, for an undisclosed sum.
By Propel Africa · 2026-06-16
Creslow Energy Solutions has secured investment from the Abadali Fund, which is managed by Edge Growth Ventures, according to a report published on 16 June. The amount was not disclosed. The money comes through the Abadali Equity Equivalent Investment Programme, which was developed by the Department of Trade, Industry and Competition together with J.P. Morgan.
What Creslow does
Creslow designs and assembles customised lithium battery solutions for industrial equipment manufacturers. Its main products are traction batteries for forklifts, material handling equipment, golf carts and underground mining locomotives. Kriban and Reneka Govender founded the company in 2021, and Kriban is co-founder and chief executive.
Growth and markets
Creslow works across the industrial, leisure and mining sectors in South Africa. It is pursuing global industrial supply chains and has been selected to supply batteries for agricultural equipment integration in China. The company cites strong revenue growth and a patent-pending mining product. First products for the China project are expected on the market within months. Philani Mzila, investment principal at Edge Growth Ventures, said the founders have "built a South African manufacturer".
At a glance
- Company: Creslow Energy Solutions
- Raised: Not disclosed
- Round: Investment via the Abadali programme
- Investor: Abadali Fund (Edge Growth Ventures)
- Founded: 2021
- Markets: South Africa, with a China supply contract
- Key figure: Patent-pending mining product