Sunseap Group Pte

Renewable EnergySeries DSingapore, Singaporesunseap.com

Latest round

Series D

Last raised

Feb 2020

Total raised

$236M

Investors

15

About Sunseap Group Pte

Based in Singapore, Sunseap Group Pte Ltd was founded in 2011 by Frank Phuan. Sunseap Group operates through five key units Sunseap Leasing, Sunseap International, Sunseap Energy, Sunseap Engineering, and Sunseap Solutions. Sunseap Leasing is Singapore's first and biggest solar leasing business. Sunseap International focuses on the Southeast Asian and Pacific markets. The company partnered with e-commerce titan Amazon to export 62 megawatts of clean energy to Singapore’s electricity grids. In November 2021, EDP Renewables acquired a majority stake in Sunseap Group Pte Ltd from ISO-Team Corporation Pte Ltd.1 billion post-money. Sunseap Group is a renewable energy company that develops a grid-connected photovoltaic power plant, providing rooftop solar and clean energy solutions to end consumers. The company's products also help reduce greenhouse gas emissions by providing engineering, procurement, construction, operation, and maintenance services for photovoltaic (PV) projects. Sunseap expects to list by the end of 2021 and is in negotiations with advisors over its first-ever equity offering.

Who invested in Sunseap Group Pte

15 investors across 3 rounds

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Funding rounds

  1. Series D

    Feb 14, 2020

    Amount

    $148M

    Investors

    Locked

  2. Series C

    May 2, 2017

    Amount

    $64M

    Investors

    Locked

  3. Series B

    Aug 10, 2015

    Amount

    $24M

    Investors

    Locked

Questions about Sunseap Group Pte

Who invested in Sunseap Group Pte?

Sunseap Group Pte has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sunseap Group Pte raised?

Sunseap Group Pte has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Sunseap Group Pte last raise money?

Sunseap Group Pte's most recent round on record is a Series D, in Feb 2020.

What does Sunseap Group Pte do?

Based in Singapore, Sunseap Group Pte Ltd was founded in 2011 by Frank Phuan.

Where is Sunseap Group Pte headquartered?

Sunseap Group Pte is headquartered in Singapore, Singapore.

Which VCs invest in companies like Sunseap Group Pte?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back renewable energy companies at Sunseap Group Pte's stage. Their profiles are linked below.

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