Svea Solar secures 40M EUR in additional funding

Svea Solar has secured 40M EUR in additional funding. Investments that will help the ongoing transformation to an Energy Tech company. The funding was added in two rounds, the latest being an injection of 20M EUR in December.  

"We appreciate the continued support from our investors as we embark on an exciting transformation into an Energy Tech company that addresses the entire energy need of European households. With our refined strategy, we assist with everything from production to storage and smart energy usage through our energy platform Sunbeam. Our services provide customers with additional income and help them reduce their peak loads, which are becoming increasingly costly as grid companies are adjusting their pricing models,” says Mattias Ringqvist, CEO of Svea Solar.

The first investment of 20M EUR was secured in August, and an additional 20M EUR was secured in December.