What is Xurya?
Xurya operates as a specialized renewable energy startup dedicated to the implementation of rooftop solar panel systems throughout Indonesia. By leveraging the region's high solar irradiance, the company provides a scalable solution for commercial and industrial entities to reduce their carbon footprint while optimizing energy costs. Xurya's business model is centered on facilitating the transition to clean energy, ensuring that the adoption of solar technology is both accessible and economically viable for local enterprises. Their market position is bolstered by a commitment to environmental stewardship and the modernization of Indonesia's energy landscape.
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 Saratoga Investama Sedaya, New Energy Nexus, Schneider Electric, and East Ventures
Key Investors in Xurya
Saratoga Investama Sedaya
A leading active investment firm in Indonesia that focuses on growth-stage opportunities within the infrastructure and natural resources sectors.
New Energy Nexus
An international organization dedicated to supporting clean energy entrepreneurs through global networks, accelerators, and impact-focused funding.
Schneider Electric
A global specialist in energy management and automation, providing integrated digital solutions for efficiency and sustainability across industrial sectors.
What's next for Xurya?
With the successful closure of this major strategic investment, Xurya is well-positioned to expand its operational footprint and enhance its technological infrastructure. The company is expected to focus on scaling its installation capacity and refining its energy management software to better serve its growing client base. Furthermore, the involvement of high-profile backers suggests a long-term strategy aimed at solidifying Xurya's leadership in the regional clean energy market. Future growth will likely involve deepening partnerships with industrial stakeholders and potentially diversifying its service offerings to include advanced energy storage solutions, thereby ensuring a more resilient and sustainable power supply for the Indonesian market.
See full Xurya company page
