Colo\u00adgne \u2014 With Eneco Ventures and Sparta Capi\u00adtal, two estab\u00adlished funds from the rene\u00adwa\u00adble energy sector are inves\u00adt\u00ading in Sunvi\u00adgo\u2019s revo\u00adlu\u00adtio\u00adnary busi\u00adness model. Sparta and Eneco, which are provi\u00adding the bulk of the new finan\u00adcing, are inves\u00adt\u00ading a total of \u20ac10 million toge\u00adther with exis\u00adting inves\u00adtors such as Ecosum\u00admit, High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) and \u00dcber\u00admor\u00adgen Ventures. Deut\u00adsche Kredit\u00adbank AG (DKB) is provi\u00adding a further 5 million euros in debt capi\u00adtal to finance the PV systems. While the current energy crisis has driven both young and estab\u00adlished compa\u00adnies into insol\u00advency, Sunvigo has been able to secure new invest\u00adments and even protect its custo\u00admers from rising elec\u00adtri\u00adcity prices.<\/p>\n
Since its foun\u00adding in 2020, Sunvigo has alre\u00adady provi\u00added hundreds of custo\u00admers with easy access to afforda\u00adble solar power. In the first year after its foun\u00adda\u00adtion, the custo\u00admer base increased more than tenfold.<\/p>\n
Entry of two renow\u00adned inves\u00adtors sets the course for strong growth<\/strong><\/p>\n Eneco Ventures and Sparta Capi\u00adtal are now inves\u00adt\u00ading in Sunvi\u00adgo\u2019s contin\u00adued growth and vision. \u201cWe believe there is a large market for Sunvi\u00adgo\u2019s product. We also see many poten\u00adtial syner\u00adgies, for exam\u00adple with Eneco\u2019s subsi\u00addiary Licht\u00adBlick, the largest green power provi\u00adder in Germany,\u201d said Hans W. Cool, Invest\u00adment Direc\u00adtor of Eneco Ventures.<\/p>\n \u201cSunvigo offers a trus\u00adted solu\u00adtion for the tran\u00adsi\u00adtion to a low-carbon world. This part\u00adner\u00adship is an important mile\u00adstone for Sparta and we look forward to support\u00ading Sunvi\u00adgo\u2019s manage\u00adment team in the years to come,\u201d said Guil\u00adlaume Sarlat, Head of Sustaina\u00adbi\u00adlity Invest\u00adment at Sparta Capital<\/p>\n \u201cThrough Sparta, we are able to work with one of the leading inves\u00adtors in this field and gain access to inter\u00adna\u00adtio\u00adnal capi\u00adtal markets to expand finan\u00adcing for our solar systems,\u201d on the inves\u00adtor selec\u00adtion Dr. Michael Peters, foun\u00adder of Sunvigo and solar expert (center photo)<\/strong>.<\/p>\n In addi\u00adtion, exis\u00adting inves\u00adtors Ecosum\u00admit, HTGF, \u00dcber\u00admor\u00adgen Ventures and a family office are again parti\u00adci\u00adpa\u00adting in the finan\u00adcing round, thus confir\u00adming their confi\u00addence in the solar energy provi\u00adder. DKB is also incre\u00adasing the finan\u00adcing volume for the solar plants by a further 5 million euros in borro\u00adwed capital.<\/p>\n Digi\u00adtiza\u00adtion, expan\u00adsion of the Green Power Commu\u00adnity and streng\u00adthening of the Sunvigo team<\/strong><\/p>\n Foun\u00adders Bastian Bauwens, Dr. Michael Peters and Dr. Vigen Niko\u00adgos\u00adian will use the fresh capi\u00adtal to further expand the Green Power Commu\u00adnity, improve the custo\u00admer expe\u00adri\u00adence, espe\u00adci\u00adally through digi\u00adta\u00adliza\u00adtion, and further opti\u00admize inter\u00adnal proces\u00adses. Sunvigo also wants to expand in terms of person\u00adnel. The company now employs over 50 people and plans to grow stron\u00adgly in all areas this year. In the future, Sunvigo will network its plants in virtual power plants, making solar power from the Sunvigo Commu\u00adnity available to all elec\u00adtri\u00adcity custo\u00admers. The team can make good use of the rein\u00adforce\u00adment, because the demand for solar energy is huge.<\/p>\n \u201cIn recent months, demand has increased rapidly. Many people are over\u00adwhel\u00admed by the current sharp rise in elec\u00adtri\u00adcity prices and are wonde\u00adring what they can do about the rising costs. Swit\u00adching to solar energy provi\u00addes a hedge against rising prices. But until now, you had to put up with a lot of comple\u00adxity for that. With Sunvigo one can have now finally both \u2014 protec\u00adtion against rising prices by the solar plant on the own roof and nevert\u00adhel\u00adess the power supply remains as simple as with a clas\u00adsi\u00adcal elec\u00adtri\u00adcity contract, explains Dr. Michael Peters, foun\u00adder of Sunvigo and solar expert.<\/p>\n About Sunvigo About DKB About Eneco Ventures About Sparta Capi\u00adtal Management About About Tomor\u00adrow Ventures About High-Tech Gr\u00fcnderfonds Colo\u00adgne \u2014 With Eneco Ventures and Sparta Capi\u00adtal, two estab\u00adlished funds from the rene\u00adwa\u00adble energy sector are inves\u00adt\u00ading in Sunvi\u00adgo\u2019s revo\u00adlu\u00adtio\u00adnary busi\u00adness model. Sparta and Eneco, which are provi\u00adding the bulk of the new finan\u00adcing, are inves\u00adt\u00ading a total of \u20ac10 million toge\u00adther with exis\u00adting inves\u00adtors such as Ecosum\u00admit, High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) and \u00dcber\u00admor\u00adgen Ventures. [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39430,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1368,1369,1373],"tags":[],"class_list":["post-40170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors","category-venture-capital-en"],"yoast_head":"\n
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\nSunvigo is revo\u00adlu\u00adtio\u00adni\u00adzing the use of solar power for homeow\u00adners. Unlike PV system sellers or renters, the company is an energy provi\u00adder and offers homeow\u00adners a power contract that includes solar. This means: Sunvigo installs and opera\u00adtes the solar system. The custo\u00admer only pays for the elec\u00adtri\u00adcity consu\u00admed and does not have to worry about the costly opera\u00adtion and finan\u00adcing of the solar system. If desi\u00adred, solu\u00adti\u00adons for battery storage and char\u00adging devices for elec\u00adtric cars can be inte\u00adgra\u00adted into the elec\u00adtri\u00adcity contract. For more info, visit www.sunvigo.de. Sunvigo is funded by leading inves\u00adtors, inclu\u00adding High-Tech Gr\u00fcn\u00adder\u00adfonds, \u00dcber\u00admor\u00adgen Ventures, Eneco Ventures and Sparta Capital.<\/p>\n
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\nDeut\u00adsche Kredit\u00adbank AG (DKB), head\u00adquar\u00adte\u00adred in Berlin, is part of the BayernLB Group and serves busi\u00adness and private custo\u00admers with its more than 4,500 employees. With total assets of 126.9 billion euros, it is one of the top 20 banks in Germany. More than 4.8 million people are DKB custo\u00admers. They conduct their banking tran\u00adsac\u00adtions conve\u00adni\u00adently and secu\u00adrely online. DKB indus\u00adtry experts provide perso\u00adnal support to busi\u00adness custo\u00admers at 25 DKB loca\u00adti\u00adons throug\u00adhout Germany. As a part\u00adner to compa\u00adnies and muni\u00adci\u00adpa\u00adli\u00adties, the bank specia\u00adli\u00adzed early on in promi\u00adsing sectors in Germany: Housing, health\u00adcare, care, educa\u00adtion, agri\u00adcul\u00adture, infra\u00adstruc\u00adture and rene\u00adwa\u00adble ener\u00adgies. DKB is one of the market leaders in many of these sectors. DKB atta\u00adches great importance to sustainable action: As a #geld\u00adver\u00adbes\u00adse\u00adrer, it ther\u00ade\u00adfore focu\u00adses on a sustainable lending busi\u00adness. www.dkb.de<\/p>\n
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\nEneco is a leading energy supplier in Europe and consists of a group of compa\u00adnies opera\u00adting mainly in the field of rene\u00adwa\u00adble energy and inno\u00adva\u00adtion. Toge\u00adther with its custo\u00admers, part\u00adners and more than 3,000 employees, Eneco is pursuing the goal of provi\u00adding sustainable energy for all and beco\u00adming climate neutral as early as 2035. Eneco Ventures is the invest\u00adment arm of Eneco that invests in promi\u00adsing young compa\u00adnies driving the energy transition.<\/p>\n
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\nSparta Capi\u00adtal Manage\u00adment Ltd. was foun\u00added by Franck Tuil, a former mana\u00adger at Elliott Manage\u00adment Corpo\u00adra\u00adtion. The first fund was laun\u00adched in Septem\u00adber 2021 with initial capi\u00adtal commit\u00adments of over $500 million. It is a global multi-stra\u00adtegy fund that invests in both public and private markets and across the capi\u00adtal struc\u00adture, with a focus on finan\u00adcing the energy transition.<\/p>\n
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\n\u00dcber\u00admor\u00adgen Ventures is a Swiss invest\u00adment company that supports early-stage start\u00adups in climate tech and decar\u00adbo\u00adniza\u00adtion across Europe. The firm\u2019s funda\u00admen\u00adtal invest\u00adment hypo\u00adthe\u00adsis is that there is an urgent need to deve\u00adlop solu\u00adti\u00adons to the climate crisis and that this repres\u00adents a tremen\u00addous busi\u00adness oppor\u00adtu\u00adnity for start\u00adups through the decar\u00adbo\u00adniza\u00adtion of products, proces\u00adses, services or busi\u00adness models. \u00dcber\u00admor\u00adgen Ventures is led by four Mana\u00adging Part\u00adners with a strong back\u00adground and track record in early-stage startup finan\u00adcing and aims to build a port\u00adfo\u00adlio of compa\u00adnies that save more than one million tons of CO2 annually.<\/p>\n
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\nThe seed inves\u00adtor High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) finan\u00adces tech\u00adno\u00adlogy start-ups with growth poten\u00adtial. With a volume of around EUR 900 million spread across three funds and an inter\u00adna\u00adtio\u00adnal part\u00adner network, HTGF has supported more than 650 start-ups since 2005. His team of expe\u00adri\u00aden\u00adced invest\u00adment mana\u00adgers and start-up experts supports the young compa\u00adnies with know-how, entre\u00adpre\u00adneu\u00adrial spirit and passion. The focus is on high-tech start-ups in the fields of digi\u00adtal tech, indus\u00adtrial tech, life scien\u00adces, chemis\u00adtry and rela\u00adted busi\u00adness areas. More than \u20ac4 billion in capi\u00adtal has been inves\u00adted in the HTGF port\u00adfo\u00adlio by exter\u00adnal inves\u00adtors in more than 1,800 follow-on finan\u00adcing rounds to date. In addi\u00adtion, the fund has alre\u00adady successfully sold shares in more than 150 companies.<\/p>\n","protected":false},"excerpt":{"rendered":"