# Beem Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beem-energy

- Industry: Consumer Products
- Headquarters: Nantes, France
- Website: www.beemenergy.fr
- Total disclosed funding: $23M
- Latest round: Series A (May 30, 2023)
- Investors on record: 7

## About

Based in France, Beem Energy designs and produces innovative solar energy solutions that enable users to generate, store, and manage their own energy effectively.Beem Energy, founded in 2018 in Nantes, France, specializes in renewable energy solutions, focusing on solar technologies. The company has raised EUR 13.000 mn in Series A funding on 30 May 2023, with participation from 360 Capital, Alter Equity, BNP Paribas Développement, and Cathay Capital. Ralph Feghali serves as CEO, and the company has executed a total of 3 deals to date.Beem Energy specializes in providing renewable energy solutions, primarily focusing on solar power systems that empower users to produce, store, and manage their energy. Their core offerings include the Beem On, a compact solar station, the Beem Kit, a modular solar kit, and the Beem Roof, which provides integrated solar solutions for rooftops ranging from 3 kWc to 9 kWc. Additionally, they offer the Beem Battery, designed for energy storage to ensure 24-hour autonomy, even during power outages. These products primarily target residential customers aiming for energy autonomy and cost savings, while also catering to business clients and partners interested in sustainable energy solutions. Beem Energy operates primarily in European markets, including France, Italy, and other EU countries, where they position themselves as a trusted provider in the renewable energy sector.Beem Energy generates revenue through direct sales of its solar energy products and associated services, operating in a business-to-consumer model. Customers can purchase products such as the Beem On and Beem Kit, with pricing structured to make solar energy solutions financially accessible; for instance, the Beem On starts at EUR 429. The company also supports its clients through consultations and project simulations, enhancing customer engagement and satisfaction. Additional revenue is derived from partnerships with professionals and retailers who may offer Beem products as part of their own service offerings.In May 2023, Beem Energy raised EUR 13.000 mn in Series A funding as part of a larger EUR 20.000 mn round to support its business expansion. The company plans to launch new products and expand into additional European markets by the end of 2024. This funding will facilitate the development of innovative solar technologies and enhance their market presence.

## Funding rounds

- Series A, May 30, 2023, $14M — 360 Capital, Cathay Capital, Alter Equity, BNP Paribas Developpement
- Series A, Mar 17, 2022, $9.2M — 360 Capital, Kima Ventures, Bpifrance, Alter Equity, BNP Paribas Developpement, Imagination Machine

## Investors

- 360 Capital (https://capitalatlas.ai/funds/360-capital) — Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A
- Bpifrance — Series A
- Alter Equity (https://capitalatlas.ai/funds/alter-equity) — Series A
- BNP Paribas Developpement (https://capitalatlas.ai/funds/bnp-paribas-developpement) — Series A
- Imagination Machine (https://capitalatlas.ai/funds/imagination-machine) — Series A
- Cathay Capital — Series A