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Elum Energy raised $13 million in Series B funding led by Energize Capital to accelerate growth in renewable energy management worldwide.

PRIVATESep 10, 2024

Amount Raised

$13 Million

Round Type

Series B

ParisEnergyRenewable EnergySolarBiomass Energy

Investors

Cota CapitalAlter EquityEnergize Capital

Description

Elum Energy has secured $13 million in Series B funding to support its ambitious growth plans targeting the booming global renewable market, including a U.S. launch. The investment will enhance product evolution within the energy storage and EV integration categories.

Quick answer

Elum Energy raised $13 Million in a Series B round, dated September 10, 2024. Investors: Cota Capital, Alter Equity and Energize Capital. Elum Energy is based in Paris, Ile-de-France, France.

How much did Elum Energy raise?
Elum Energy raised $13 Million in a Series B round on September 10, 2024.
Who invested in Elum Energy?
Cota Capital, Alter Equity and Energize Capital are named as investors in this round.
What does Elum Energy do?
Elum Energy is a leading provider of advanced energy management solutions for renewable energy systems.
Where is Elum Energy based and how big is it?
Elum Energy is based in Paris, Ile-de-France, France. Fundz records about 91 employees.
Who are the decision-makers at Elum Energy?
Fundz holds 5 contacts at Elum Energy. 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 Elum Energy that raised within 45 days of this round, from Fundz verified event records.

  • BluPine Energy raised $29M (Funding Round) on July 29, 2024.
  • GreenHY2 raised $432K (Seed) on October 25, 2024.
  • autarkize raised $2.5M (Seed) on October 23, 2024.
  • Earthbond raised an undisclosed amount (Pre-Seed) on October 22, 2024.
  • Primergy Solar raised $350M on October 17, 2024.
  • Ascent Solar Technologies raised $1.9M (Seed) on October 17, 2024.

Who to call at Elum Energy, and when

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

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Company Information

Company

Elum Energy

Location

Paris, Ile-de-France, France

About

Elum Energy is a leading provider of advanced energy management solutions for renewable energy systems. Based in Paris, France, the company leverages cutting-edge technology to optimize the performance and reliability of solar and storage systems worldwide. Elum Energy's mission is to make renewable energy more accessible and efficient, contributing to a sustainable future.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Elum Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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