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Glint Solar raised $8M in a Series A funding round led by Smedvig Ventures to enhance their solar platform for project evaluation.

PRIVATENov 07, 2024

Amount Raised

$8 Million

Round Type

Series A

OsloEnergySoftwareRenewable EnergySolar

Investors

ElevateMomentumFuturum VenturesSmedvig Ventures

Description

Glint Solar has secured $8M in a Series A funding round, aimed at advancing its platform that assists solar developers in evaluating project sites. The round was led by Smedvig Ventures with support from Momentum, Futurum Ventures, and Elevate.

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Company Information

Company

Glint Solar

Location

Oslo, Oslo, Norway

About

Glint Solar is a Norwegian startup founded in 2020 that provides solar developer software. Their platform offers tools to evaluate project sites for solar development, integrating adaptable layout designs with GIS data and topographic analysis. The software aims to streamline the permitting process for solar projects, making development more efficient and effective. Glint Solar has seen significant growth, tripling its customer base within a year.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Glint 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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