Amount Raised
£10.2 Million
Investors
Df CapitalAngel Invest
Description
HDM Solar, a Kingston-upon-Hull, UK-based wholesaler of renewable energy products, raised £10.2M in funding. The round was led by Angel Invest with participation from DF Capital. The company intends to use the funds to accelerate the rollout of a nationwide network of branches to generate new jobs and provide local support to installers, businesses, and consumers in every part of the country.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech