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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, 2024over 1 year ago

Amount Raised

$3 Million

Round Type

series a

LumphiniSolarRenewable EnergyEnergy

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.

Company Information

Company

ION Energy Company Limited

Location

Lumphini, Bangkok, Thailand

About

We make renewable energy possible for all.

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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