Baywa RE Energy Ventures and Inven Capital co-led a series B round for the solar system supplier that included existing backer Statkraft Ventures.
Germany-based solar power installation service Zolar has secured €10m ($11m) in a series B round co-led by Baywa RE Energy Ventures and Inven Capital, subsidiaries of trading group BayWa and energy utility Čez.
The round also featured energy company Statkraft’s strategic investment arm, Statkraft Ventures, as well as venture capital firms Heartcore Capital and Partech Ventures.
Founded in 2016, Zolar allows customers to send detailed data concerning their home and energy needs which it uses to configure a precise solar…
