Optimal Energy (Pty) Ltd is a privately owned South African company based in Cape Town and is headed-up by CEO Kobus Meiring. He founded Optimal Energy in 2005 with Mike Lomberg, Jian Swiegers and Gerhard Swart. An investment from the Innovation Fund (IF), an instrument of the Department of Science and Technology of the South African Government made this venture possible. The current shareholders in Optimal Energy comprise executive management, the IF and the Industrial Development Corporation (IDC) of South Africa.