- SunRoof revolutionizes housing electrification and decentralized renewable energy generation with the most powerful and resource efficient building-integrated solar roofs on the market today.
- SunRoof has raised €15 million in a funding round led by the European growth equity fund Klima Energy Transition, with the participation of other VC funds and business angels, including Jon Olsson.
- The funding will support the company strong growth in its existing core European markets, mainly Sweden, Germany, and Poland, as well as its leading position in the BIPV sector.
- The recent investment round increased the total funding of SunRoof to €21.5 million.
The energy transition is not a plan for the future, it’s the mission we must carry out now. This year has proved it already, with Europe overwhelmed with heat waves and shadowed by energy insecurity. SunRoof is on a mission of not only helping homeowners fulfill their own needs, but also contributing to the future clean energy infrastructure. I’m delighted that Klima is joining us as an investor and as a partner. The Klima team has already supported us in establishing relationships with strategic partners, who will help us to further develop and deliver an end-to-end decentralised and smart energy system to our customers across Europe,
says Lech Kaniuk, CEO & Co-Founder of SunRoof.
Housing and transportation electrification will be key to accelerate the energy transition, and we expect decentralized solar to play a significant role to enable this. For re-roofing and new built applications, the integrated solutions of SunRoof are an economical and environmental no brainer and this represents a multi billion addressable market. We are glad to partner with the very experienced and ambitious management team of Sunroof to power the houses and commercial buildings of the future,
says Lucille Bonnet, Managing Partner at Alantra Energy Transition.
About SunRoof
SunRoof builds powerful 2-in-1 solar roofs and innovative façades that generate electricity, replacing the need of a traditional roof. SunRoof is a smart investment and functional roof providing an efficient energy solution with an uncompromising elegance. Our mission is to speed up the global transition to renewables by developing elegant roofs that, by generating electricity, will cover the energy demand of the entire building. SunRoofs ambition is to provide solar roofs with the lowest carbon footprint on the market.
More details on:
www.sunroof.se
About Klima Energy Transition Fund
Klima Energy Transition Fund is the result of a partnership between Alantra, a seasoned investment team in the energy sector and Enagás, a leader in the energy infrastructure segment and technical manager of the Spanish gas system. The 210M€ late stage VC fund takes minority stakes in companies located in Europe and North America with high growth potential in energy transition sectors such as low carbon solutions, smart power grids and markets, energy storage and technologies enabling a stronger penetration of renewables in the energy mix, digitalization of the whole energy equation, energy efficiency technologies and sustainable transportation.
More details on:
https://www.alantra.com/what-we-do/alternative-asset-management/energy-transition/