Over thepastyear, the skyrocketing fuelpricesacrossEuropehave increased consumer interest in alternative sources ofenergy, such assolar power.

Specifically,Europeanstartupsin the sector have raised over 488million and thats excluding the 855-milliondebtfundinground attracted byBerlin-basedunicornEnpal.

1Komma5 has received the highestfundingthroughout the year at 200million.

European startups in residential solar have raised over €500 million in 2022

Founded in 2021, thecompanyhas secured high-tierinvestorssuch asPorscheand is introducing an interestingbusinessstrategy: aggregatingindividualcompaniesthat offer solarservicesand bundling them together.

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Thecompanyusessoftwareto develop a comprehensive,customer-centered solution, ranging from theinstallationof solar panels to EV chargers.

Ioanna Lykiardopoulou

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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