Solar roof-tile and energy startup SunRoof closes €4.5M led by Inovo Venture Partners

Solar roof-tile and energy startup SunRoof closes €4.5M led by Inovo Venture Partners

3 years ago
Anonymous $f-b3Pf4iLZ

https://techcrunch.com/2021/04/28/solar-roof-tile-and-energy-startup-sunroof-closes-e4-5m-led-by-inovo-venture-partners/

SunRoof is a European startup that has come up with a clever idea. It has its own roof-tile technology which generates solar power. It then links up those houses, creating a sort of virtual power plant, allowing homeowners to sell surplus energy back to the grid.

It’s now closed a €4.5 million round (Seed extension) led by Inovo Venture Partners, with participation from SMOK Ventures (€2m of which came in the form of convertible notes). Other investors include LT Capital, EIT InnoEnergy, FD Growth Capital and KnowledgeHub.