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Bright Raises $31.5M In Series C Funding To Expand Solar Power To Homes And Businesses Across Mexico

PRIVATEJul 27, 2023

Amount Raised

$31.5 Million

Round Type

Series C

Mexico CitySustainability

Investors

Danish SDG Investment Fund

Description

Bright, a leading distributed solar company, today announced that it has secured $31.5 million in Series C funding to drive continued expansion of operations in Mexico. The round was led by the Danish SDG Investment Fund (“IFU”) and joined by various family offices and high net worth individuals, as well as existing investors.

Quick answer

Bright Exchange raised $31.5 Million in a Series C round, dated July 27, 2023. Investors: Danish SDG Investment Fund. Bright Exchange is based in Mexico City, Mexico City, Mexico.

How much did Bright Exchange raise?
Bright Exchange raised $31.5 Million in a Series C round on July 27, 2023.
Who invested in Bright Exchange?
Danish SDG Investment Fund is named as investors in this round.
What does Bright Exchange do?
We’re a solar energy company that combines the best tech with the best and most innovative talent in Mexico, all backed by Silicon Valley capital.
Where is Bright Exchange based and how big is it?
Bright Exchange is based in Mexico City, Mexico City, Mexico.
Who are the decision-makers at Bright Exchange?
Fundz holds 1 contact at Bright Exchange, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability around the same time

Companies in the same sectors as Bright Exchange that raised within 45 days of this round, from Fundz verified event records.

  • Ambient Photonics raised $30M (Series A) on September 5, 2023.
  • Erthos raised $15M on August 31, 2023.
  • Treeswift Inc raised $11M on August 23, 2023.
  • Persefoni AI raised $53M on August 18, 2023.
  • Rondo Energy raised $60M (Funding Round) on August 16, 2023.
  • Verdigris Technologies, Inc. raised $8.7M on August 16, 2023.

Who to call at Bright Exchange, and when

A new round usually means Bright Exchange is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Bright Exchange

Location

Mexico City, Mexico City, Mexico

About

We’re a solar energy company that combines the best tech with the best and most innovative talent in Mexico, all backed by Silicon Valley capital. Our mission is to make it easy and safe for homeowners and business owners in Mexico to choose a clean energy source that’s good for not only their wallet but also for their health and for our planet. With over 2,700 clients across Mexico and industry-leading partners such as Costco and Liverpool, we’re proud to offer a solar subscription service that makes it fast and simple to choose a sustainable solution for your home or business.

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Related People

1 contact
Verified contactsJonah G., Executive Officer, Director hiddenSee plans and pricing
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Bright Exchange 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.