Lisbon’s BM2Solar closes €2M Series A round led by Axon Partners, with plans to expand its team and enhance IT technology for solar power plants.
Amount Raised
€2 Million
Round Type
Series A
LisbonEnergyRenewable EnergySolarInvestors
Description
BM2Solar has successfully closed a €2M Series A funding round to enhance its mission of integrating battery storage for solar power plants. The investment was led by Axon Partners, with participation from Inclimo Climate Tech Fund and Black and Blue Investimentos. This funding will be used to expand their team and improve IT technology. Founded in 2023, BM2Solar aims to increase profitability for independent power producers (IPPs) with no upfront investment required.
Quick answer
BM2Solar raised €2 Million in a Series A round, dated July 4, 2025. Investors: Black And Blue Investimentos, Inclimo Climate Tech Fund and Axon Partners. BM2Solar is based in Lisbon, Lisbon, Portugal.
- How much did BM2Solar raise?
- BM2Solar raised €2 Million in a Series A round on July 4, 2025.
- Who invested in BM2Solar?
- Black And Blue Investimentos, Inclimo Climate Tech Fund and Axon Partners are named as investors in this round.
- What does BM2Solar do?
- BM2Solar works to co-locate batteries with solar PV plants owned by independent power producers (IPPs).
- Where is BM2Solar based and how big is it?
- BM2Solar is based in Lisbon, Lisbon, Portugal.
- Who are the decision-makers at BM2Solar?
- Fundz holds 1 contact at BM2Solar. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as BM2Solar that raised within 45 days of this round, from Fundz verified event records.
- Energy Vault raised $299M (Funding Round) on August 9, 2025.
- Planted Solar raised $12M (Funding Round) on July 29, 2025.
- Octopus Investments Australia Pty. Ltd raised $650M on July 29, 2025.
- Estes Energy raised $11M (Seed) on July 23, 2025.
- August Energy raised $15M (Funding Round) on July 17, 2025.
- Renewa raised $200M (Funding Round) on July 15, 2025.
Who to call at BM2Solar, and when
A new round usually means BM2Solar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day BM2Solar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at BM2Solar, from your own LinkedIn network
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What this usually meansBM2Solar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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