# Insolight

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

- Industry: Renewable Energy
- Headquarters: Lausanne, Switzerland
- Website: www.insolight.ch
- Total disclosed funding: $8M
- Latest round: Series A (Jul 28, 2020)
- Investors on record: 4

## About

Insolight SA develops innovative agrivoltaic solutions, focusing on products that integrate solar energy generation with agricultural practices, enhancing crop production and sustainability.Founded in 2015, Insolight SA is based in Lausanne, Switzerland, and specializes in agrivoltaic technology. The founders, Florian Gerlich, Laurent Coulot, and Mathieu Ackermann, have a background in renewable energy and agricultural innovation. The company has engaged in 9 funding rounds, with the most recent investment of CHF 4.85 mn secured in December 2022 from investors including Demeter IM and Sirius Venture Partners.Insolight specializes in agrivoltaic solutions, primarily through its flagship product, insolagrin. Released in 2015, insolagrin integrates translucent solar modules that replace conventional plastic tunnels used in agriculture, enabling the simultaneous generation of solar energy and crop protection. This innovative approach serves farmers by allowing them to optimize light transmission based on specific crop needs, thereby enhancing crop growth across various seasons and climatic conditions. The company provides comprehensive support throughout the project lifecycle, from feasibility studies and project design to construction and ongoing agronomic optimization. Insolight serves a diverse client base, including agricultural producers and agribusinesses, focusing on markets in Europe and selected regions in North America.The revenue model of Insolight revolves around partnerships and direct project engagements with agricultural stakeholders. Transactions are structured primarily as B2B agreements, where the firm collaborates with farmers and agricultural enterprises to implement agrivoltaic installations tailored to their unique requirements. The company's offerings, including the insolagrin system, are priced based on project scope, complexity, and specific agronomic needs identified during initial consultations. Clients typically engage in long-term contracts, ensuring ongoing support and optimization services throughout the installation's lifespan.In December 2022, Insolight SA raised CHF 4.85 mn in venture funding to broaden its product offerings and enhance market commercialization. The company is focusing on the introduction of new agrivoltaic products while targeting expansion into selected regions in North America and Europe by 2024. The funding will be instrumental in scaling operations and supporting the development of these new initiatives.

## Funding rounds

- Series A, Jul 28, 2020, $5.5M — Zürcher Kantonalbank, Verve Ventures, Verve Ventures
- Seed, Jan 15, 2018, $2.4M — Zürcher Kantonalbank, 3W Ventures, Verve Ventures
- Seed, Dec 7, 2016, $0.1M — Venture Kick

## Investors

- Venture Kick (https://capitalatlas.ai/funds/venture-kick) — Seed
- Zürcher Kantonalbank — Seed, Series A
- 3W Ventures (https://capitalatlas.ai/funds/3w-ventures) — Seed
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Seed, Series A