HomeUKNaked Energy Raises £17M in Series B First Close

Naked Energy Raises £17M in Series B First Close

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Naked Energy

Naked Energy, a Crawley, UK-based solar heat and power startup, raised £17M in Series B first closed.

The round was led by E.ON Energy Infrastructure Solutions (E.ON EIS), supported by co-investment from existing investor Barclays through Sustainable Impact Capital.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Christophe Williams, Naked Energy provides Virtu solar collectors that have a modular design and high energy density solar technology. It combines engineering, innovation and sustainability to decarbonise heat and power in the built environment.

VirtuHOT and VirtuPVT can provide off-grid solutions, addressing high hot water and electricity demand for hotels, residential developments/ apartments, leisure centres, F&B manufacturing, and hospitals.

E.ON EIS is part of the E.ON Group, one of Europe’s largest operators of energy networks and infrastructure, and a strategic partner to Naked Energy. The partnership was initiated by E.ON Group Innovation through the global accelerator programme Free Electrons, in which E.ON’s innovation team identified the advanced Naked Energy technology.

The strategic partnership was founded in October 2023 and enables the partners to continuously expand the collaboration and scale the solution.

FinSMEs

16/07/2024

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