Soly, a Groningen, The Netherlands-based international solar energy company, raised €30M in funding.
The round was led by ArcTern Ventures in partnership with US-based Fifth Wall, and existing investors Shell Ventures & the pension fund ABP completing the round.
The company intends to use the funds to expand into new countries – including Italy, Spain, France, and Scandinavia – and offer a wide-range of innovative energy services.
Founded in 2013 by brothers Patrick and Milan van der Meulen, Soly aims to make solar energy accessible to all selling and leasing solar energy systems, batteries, and charging stations. The company cuurently operates in the Netherlands, Belgium, Germany, South Africa and Italy. A certified B Corp, Soly plans to supply 500K+ households & businesses with renewable energy by 2030.
FinSMEs
18/01/2024