Sunhero Receives €10 Million Investment

Sunhero is a company originated in Berlin and headquartered in Barcelona. The company has raised 10 million euros in investments to provide more solar energy in Europe. Recently, the demand for renewable and sustainable energy sources has been increasing across Europe. People, businesses and governments are looking for a more environmentally friendly, planet-friendly, more economical and autonomous energy solution. Solar energy is one of the promising options and the market is growing rapidly.

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Sunhero

Sunhero was founded in Berlin in 2021 and moved its headquarters to Barcelona in 2022. The company is capitalizing on this growing market. Sunhero received €10 million in Series A funding. The round was led by Planet A and Vorwerk Ventures. Redstone and first backers Speedinvest and All Iron Ventures were also involved in the investment.

So far, nearly 1,000 systems have been installed in Spain

Sunhero is a company founded by Christopher Cederskog and Stefan Braun. It continues to be the PV value chain to make solar energy more accessible. It enables residential customers to install solar panels on their roofs. This gives consumers the opportunity to be part of the green transition, reduce their carbon footprint and save money on their electricity bills.

Sunhero, a GreenTech startup, is betting on the Spanish market, focusing on one of Europe's most promising solar markets. Spain is Europe's third largest solar power producer, behind Germany and Italy, with around 20 gigawatts of installed PV production. Sunhero aims to change this situation by pioneering the solar transition and taking a leading position in the market.

Sunhero, a GreenTech startup, has teams working in Spain, Germany, Italy, Egypt and Ukraine. So far, nearly 1,000 systems have been installed in Spain, generating around 2,000 MWh of electricity. This new investment will be used to consolidate its position in the Spanish market, develop software and expand its product range. The product portfolio will include electric vehicles, chargers and other electrification items. In this way, the company aims to reach more customers by expanding its product range.