What is Xurya?
Xurya is an Indonesian startup dedicated to promoting sustainable energy solutions through the implementation of rooftop solar panel systems. The company's vision is to foster a sustainable future by addressing the growing demand for electricity without compromising the environment. Xurya positions rooftop solar panel systems as the optimal choice for the equatorial region, aiming to empower Indonesian entrepreneurs to adopt renewable energy technologies.
How much funding has Xurya raised?
Xurya has raised a total of $33M across 1 funding round:
Series A
$33M
Series A (2022): $33M with participation from Schneider Electric, East Ventures, New Energy Nexus, and Saratoga Investama Sedaya
Key Investors in Xurya
Schneider Electric
Schneider Electric, a global specialist in energy management and automation, provides integrated solutions for efficiency and sustainability across various sectors. Their involvement suggests a strategic alignment with Xurya's mission to deploy energy solutions.
East Ventures
East Ventures is a leading venture capital firm in Southeast Asia, actively investing in visionary founders from Seed to Growth stages. Their backing of Xurya highlights a commitment to supporting sustainable development and tech innovation within the region.
New Energy Nexus
New Energy Nexus is an international non-profit organization that supports clean energy entrepreneurs through funding and accelerators. Their participation indicates a strong belief in Xurya's potential to drive clean energy adoption and innovation.
What's next for Xurya?
The recent major strategic investment signifies a pivotal moment for Xurya, likely enabling the company to scale its operations, expand its market reach across Indonesia, and further develop its technological capabilities. This capital infusion is expected to accelerate the adoption of solar energy solutions, contributing to the nation's renewable energy targets and fostering a greener economy. Xurya's focus on facilitating local entrepreneurship in adopting solar power positions it as a key player in Indonesia's clean energy transition.
See full Xurya company page
