ION Energy raised $3M in a Series A funding round led by Beacon VC and SUN Group to expand clean energy access at lower cost.
Apr 29, 2024•over 1 year ago
Amount Raised
$3 Million
Round Type
series a
Investors
Sun GroupBeacon Vc
Description
Beacon Venture Capital (Beacon VC) and Solar United Network Group (SUN Group) have partnered to close a Series A funding round of USD $3 million for ION Energy Company Limited (ION), a Thai solar energy startup. This investment aims to further propel ION's success in providing clean and affordable energy solutions to both Thai residential users and businesses.
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