# Construex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/construex

- Industry: Internet
- Headquarters: Mexico City, Mexico
- Website: www.construex.com.ec
- Total disclosed funding: $4.1M
- Latest round: Seed (Jul 5, 2023)
- Investors on record: 4

## About

Based in France and founded in 2014, mylight150 provides a cloud-based electricity storage system and manufactures solar panels. In November 2023, it raised EUR 100 million in growth funding co-led by investors Andera Partners, Azora, and Eiffel Investment Group, with participation from returning investor Elevation Capital Partners. As part of the transaction, Demeter IM exited its stake in the company.


Mylight150's product offerings include the MySmartBattery, a cloud-based energy storage system that enables users to store surplus photovoltaic production for later use, resulting in significant energy cost savings. The company offers a range of solar panels designed for optimal performance, with warranties of up to 30 years.


The company plans to use the November 2023 funding to accelerate growth and further develop its management and tech-based solutions.

## Funding rounds

- Seed, Jul 5, 2023, $4.1M — Fifth Wall Ventures, ABSeed, Terracotta Ventures, Zacua Ventures
- Seed, Jun 1, 2022 — Zacua Ventures

## Investors

- Zacua Ventures (https://capitalatlas.ai/funds/zacua-ventures) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed
- ABSeed (https://capitalatlas.ai/funds/abseed) — Seed
- Terracotta Ventures (https://capitalatlas.ai/funds/terracotta-ventures) — Seed