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Lisbon-based Bling Energy raised €2 million in a seed funding round led by Joaquim Sérvulo Rodrigues to enhance their subscription model for solar energy solutions.

Sep 12, 2024over 1 year ago

Amount Raised

€2 Million

Round Type

seed

LisbonSolarRenewable EnergyEnergy

Investors

Lince CapitalJosé De MelloJoaquim Sérvulo Rodrigues

Description

Bling Energy has completed a €2 million seed investment round aimed at making solar energy more accessible. The funds will support new product launches, scaling company structure, and planning for internationalization, with plans to double their team by year-end.

Company Information

Company

Bling Energy

Location

Lisbon, Lisbon, Portugal

About

Bling Energy is a Portuguese company focused on making solar energy more accessible through an innovative subscription model that eliminates upfront investments for consumers. The company provides a range of energy solutions, including solar panels, batteries, and electric vehicle chargers. It aims to democratize access to clean energy and contribute to the energy transition sector. With a commitment to product and service innovation, Bling Energy is strategically positioned for growth in the renewable energy market.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers