Inven Capital has not disclosed the amount that it has pumped into Sonnenbatterie GmbH. This new round of financing comes after the Czech utility ?EZ-owned investor already gave a "few hundred million" Czech Koruna a few days ago.
Sonnenbatterie has managed to double its sales every year since its founding in 2010, with approximately 8,000 sold storage units under its belt. The company will present its solutions for the US in July and new market expansions are projected to continue in 2016.
"Sonnenbatterie consistently focuses on growth. A rapid pace of innovation and investment into new technologies are just as necessary as the further internationalization of our markets," said Sonnenbatterie CEO Christoph Ostermann. "We are very pleased to have a partner like Inven Capital on our side who is not only supporting our course in Europe and in the US but also recognizes the immense importance of renewable energy."
Sonnenbatterie's other investors include eCapital, Munich Venture Partners (MVP) and SET Ventures.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.