Candi Solar secures $38M in a Series C funding round led by Norfund, Kyuden International, and STOA to finance additional 200 MW of business solar projects.
Amount Raised
$38 Million
Round Type
Series C
ZurichEnergyRenewable EnergyInvestors
Description
Candi Solar has successfully closed its Series C funding round, securing $38 million in equity investment led by Norfund, Kyuden International, and STOA. The investment is expected to fuel the company’s growth plans, facilitate financing of an additional 200 MW of business solar projects, and support hiring initiatives.
Quick answer
Candi Solar raised $38 Million in a Series C round, dated June 10, 2024. Investors: Stoa, Kyuden International and Norfund. Candi Solar is based in Zurich, Zurich, Switzerland.
- How much did Candi Solar raise?
- Candi Solar raised $38 Million in a Series C round on June 10, 2024.
- Who invested in Candi Solar?
- Stoa, Kyuden International and Norfund are 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.
- Aurora Hydrogen raised $4M (Grant) on July 24, 2024.
- Star Catcher raised $12M (Seed) on July 24, 2024.
- Heimdall Power raised $25M (Series B) on July 16, 2024.
- BTRY raised $165K (Seed) on July 15, 2024.
- Naked Energy raised $22M (Series B) on July 15, 2024.
- Active Membranes raised $2.3M on July 15, 2024.
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
Works inside ChatGPT and Claude. Ask who to call at Candi Solar. With Fundz connected, it knows.
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Fundz sees it the moment Candi Solar raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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