# Sunvigo

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

- Industry: Renewable Energy
- Headquarters: Cologne, Germany
- Website: www.sunvigo.de/
- Total disclosed funding: $12M
- Latest round: Series A (Feb 8, 2022)
- Investors on record: 5

## About

Founded in 2020 and based in Cologne, Germany, Sunvigo GmbH operates as an electricity provider from solar power. Michael Peters and Vigen Nikogosian are the co-founders of the company. In March 2024, Sunvigo GmbH filed for bankruptcy protection.

The company’s offerings include premium solar systems with flexible financing options, allowing customers to install solar power with zero upfront costs. Sunvigo's model includes the use of a virtual power plant, enabling users to sell excess electricity and benefit from dynamic electricity tariffs that reflect low-cost periods in the power grid. The firm’s services also encompass an app that helps users monitor and manage their energy consumption. In addition, the company offers a safety package that includes all-risk insurance, guaranteed troubleshooting, and 24/7 remote monitoring.

## Funding rounds

- Series A, Feb 8, 2022, $11M — High-Tech Gruenderfonds, Eneco Ventures, Ecosummit, Sparta Capital Management, Ubermorgen Ventures
- Seed, Dec 10, 2020, $0.6M — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- Eneco Ventures — Series A
- Ecosummit (https://capitalatlas.ai/funds/ecosummit) — Series A
- Sparta Capital Management — Series A
- Ubermorgen Ventures (https://capitalatlas.ai/funds/ubermorgen-ventures) — Series A