What is Xurya?
Xurya operates as a specialized provider of rooftop solar panel systems, specifically tailored for the unique climatic conditions of Indonesia. By facilitating the adoption of renewable energy for local entrepreneurs, the company addresses the dual challenge of rising electricity costs and the urgent need for decarbonization. Xurya's market position is defined by its ability to integrate complex solar technology into existing commercial and industrial frameworks, providing a seamless transition to sustainable power. As a leader in the local green energy transition, the firm serves as a critical infrastructure partner for businesses seeking to optimize their energy consumption while reducing their carbon footprint.
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
A global leader in energy management and automation, providing digital solutions for efficiency and sustainability across industrial and building sectors.
East Ventures
A prominent Southeast Asian venture capital firm focused on supporting visionary founders from Seed to Growth stages with a strong emphasis on ESG-driven impact.
New Energy Nexus
An international organization dedicated to supporting clean energy entrepreneurs through funding, accelerators, and global networks to drive 100% clean energy adoption.
What's next for Xurya?
With the successful closure of this major enterprise-level funding, Xurya is poised to expand its operational footprint and enhance its technological capabilities. The strategic roadmap likely involves scaling its installation capacity, investing in advanced energy management software, and strengthening its supply chain to maintain competitive pricing. As the company moves beyond its initial growth phase, the focus will shift toward long-term asset management and the deployment of larger-scale solar arrays. This capital deployment will be instrumental in cementing Xurya's status as the premier partner for sustainable energy in Indonesia, potentially setting the stage for future regional expansion and further integration into the national power grid.
See full Xurya company page
