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April 13, 2023

YC alum SolarMente raises for subscription solar panel service

The €50m debt and equity raise came entirely from PE firm GNE Finance


SolarMente founders Victor Gardrinier and Wouter Draijer

Spanish solar energy startup SolarMente has raised €50m in debt and equity as part of a special purpose vehicle (SPV) to scale its solar panel subscription service for homes. The round was raised entirely from energy-focused Barcelona private equity firm GNE Finance and was mostly debt, according to founder and CEO Wouter Draijer, who declined to give an exact breakdown.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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