European Startups In Residential Solar Have Raised Over 500 Million In 2022
Specifically, European startups in the sector have raised over €488 million — and that’s excluding the €855-million debt funding round attracted by Berlin-based unicorn Enpal. Notably, 86.4% of the amount has been injected in German-based startups, including 1Komma5°, Zolar, Sunhero, Enpal, Einhundert, and Sunvigo. 1Komma5° has received the highest funding throughout the year at €200 million. Founded in 2021, the company has secured high-tier investors such as Porsche and is introducing an interesting business strategy: aggregating individual companies that offer solar services and bundling them together....