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HDM Solar Raises £10.2M in Funding

Jan 30, 2024almost 2 years ago

Amount Raised

£10.2 Million

Kingston Upon HullSolar Electric Power Generation

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.

Company Information

Company

HDM Solar

Location

Kingston Upon Hull, England, United Kingdom

About

HDM Solar are the UK's leading Solar PV equipment supplier. We have an extensive range of stock of solar panels and associated equipment. Our helpful team based in Yorkshire can help with all your solar needs. Call 0800 0016 802.

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Funding Insights

Based on industry data
VC-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