SolarWorX

Energy Storage & BatteriesSeries ABerlin, Germanysolarworx.io

Latest round

Series A

Last raised

Mar 2021

Total raised

$2.2M

Investors

3

About SolarWorX

SolarWorX GmbH, founded in 2017 in Berlin, Germany, focuses on delivering solar energy solutions designed for off-grid applications. The company was established by Franz Buschmeier.SolarWorX specializes in advanced solar energy solutions tailored for the off-grid market, focusing primarily on modular solar home systems and business solutions. Their flagship products include the Solego series, featuring models like Solego 80/160, Solego Lighting Kit, and Solego Fridge Kit, providing reliable electricity for various applications such as household lighting, refrigeration, and water pumping.The revenue structure of SolarWorX is primarily based on direct sales of solar products to end users and partnerships with local distributors. The PAYGO switch allows for retrofitting solar home systems, enhancing accessibility through flexible payment options.2 billion people living without stable grid connections. Future plans include launching new products designed for emerging markets and expanding into additional regions, particularly targeting other parts of Sub-Saharan Africa.

Who invested in SolarWorX

3 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Mar 16, 2021

    Amount

    $1.2M

    Investors

    Locked

  2. Seed

    Jul 28, 2020

    Amount

    $1.1M

    Investors

    Locked

Questions about SolarWorX

Who invested in SolarWorX?

SolarWorX has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SolarWorX raised?

SolarWorX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SolarWorX last raise money?

SolarWorX's most recent round on record is a Series A, in Mar 2021.

What does SolarWorX do?

SolarWorX GmbH, founded in 2017 in Berlin, Germany, focuses on delivering solar energy solutions designed for off-grid applications.

Where is SolarWorX headquartered?

SolarWorX is headquartered in Berlin, Germany.

Which VCs invest in companies like SolarWorX?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back energy storage & batteries companies at SolarWorX's stage. Their profiles are linked below.

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