What is Sol Voltaics?
Sol Voltaics is a company dedicated to advancing solar energy solutions. It provides comprehensive resources for solar panel installation, maintenance, and product selection, including detailed guides, FAQs, and reviews of solar panels, batteries, charge controllers, and inverters. The company's mission is to empower individuals and businesses interested in sustainable energy and eco-friendly living, catering to a wide audience from novices to experts in the solar energy field.
How much funding has Sol Voltaics raised?
Sol Voltaics has raised a total of $76.8M across 7 funding rounds:
Series A
$1.2M
Unspecified
$6.3M
Multiple Rounds
$31M
Series C
$17M
Private Equity
$21.3M
Series A (2008): $1.2M with participation from Teknoinvest
Unspecified (2011): $6.3M led by Industrifonden
Other Financing Round (2013): $6M supported by Swedish Energy Agency
Unspecified (2013): $15.6M featuring Foundation Asset Management, Umoe, Industrifonden, and Swedish Energy Agency
Series B (2013): $9.4M backed by Kent Janer, Foundation Asset Management (FAM), Umoe, and Industrifonden
Series C (2016): $17M with participation from FAM, Umoe, Industrifonden, European Union's Horizon, Riyadh Valley Company, Swedish Energy Agency, and Nano Future Invest
Private Equity (2017): $21.3M led by Watrium AS, FAM AB, and Industrifonden
Key Investors in Sol Voltaics
Watrium AS
Watrium AS is a private investment firm focused on active, long-term ownership of global financial portfolios and industrial assets. They provide financial strength and expertise to develop and strengthen their portfolio companies.
FAM AB
FAM AB is a privately owned holding company that manages assets as an active owner with a long-term ownership horizon, based in Stockholm, Sweden.
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science, focusing on deep tech and life sciences.
What's next for Sol Voltaics?
The substantial enterprise-level funding and strategic investment indicate Sol Voltaics is poised for significant scaling and technological advancement. This capital infusion is likely to accelerate product development, expand market reach, and further solidify its position in the competitive solar technology landscape. The company's focus on comprehensive guides and product support suggests a strategy aimed at building trust and facilitating adoption of solar energy solutions.
See full Sol Voltaics company page
