Candi Solar raises $58.5 million in a funding round led by IFC to deliver clean solar solutions in India and South Africa.
Amount Raised
$58.5 Million
Round Type
Funding Round
ZurichEnergyRenewable EnergyInvestors
Description
Candi Solar has secured $58.5 million in a funding round led by the International Finance Corporation (IFC), marking its largest funding to date. This capital will support the delivery of affordable solar solutions in India and South Africa. The investment significantly increases Candi Solar's total capital raised to $200 million, helping to expand its portfolio. Recent growth includes 85 MW of projects in India and flagship sites in South Africa.
Quick answer
Candi Solar raised $58.5 Million in a Funding Round round, dated November 27, 2025. Investors: International Finance Corporation. Candi Solar is based in Zurich, Zurich, Switzerland.
- How much did Candi Solar raise?
- Candi Solar raised $58.5 Million in a Funding Round round on November 27, 2025.
- Who invested in Candi Solar?
- International Finance Corporation is named as investors in this round.
- What does Candi Solar do?
- candi solar partners with businesses to provide simple, end-to-end solar & battery solutions.
- Where is Candi Solar based and how big is it?
- Candi Solar is based in Zurich, Zurich, Switzerland. Fundz records about 157 employees.
- Who are the decision-makers at Candi Solar?
- Fundz holds 2 contacts at Candi Solar. 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 Candi Solar that raised within 45 days of this round, from Fundz verified event records.
- Inox Clean Energy raised $345M on January 8, 2026.
- Juniper Green Energy raised $227M (Debt Financing) on January 6, 2026.
- Legence raised $100M on January 2, 2026.
- Energy Vault raised $15M (Convertible Note) on January 2, 2026.
- Nuvve raised $5.4M (Series A) on December 31, 2025.
- AMPERA raised $20M on December 31, 2025.
Who to call at Candi Solar, and when
A new round usually means Candi Solar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Candi Solar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Candi Solar, from your own LinkedIn network
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Related People
Candi Solar 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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