About Candi Solar
Candi Solar is a company based in Zurich (Switzerland) founded in 2017. Candi Solar has raised $66 million across 9 funding rounds from investors including Norfund, responsAbility and STOA. Candi Solar offers products and services including Solar Solutions, Financing Services, Engineering Services, and Performance Management. Candi Solar operates in a competitive market with competitors including PLAN-B NET ZERO, Eniwa, Solexis, solarmotion and Powerblox, among others.
- Headquarter Zurich, Switzerland
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Candi Solar Ag
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$66 M (USD)
in 9 rounds
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Latest Funding Round
$58.5 M (USD), Debt – Conventional
Nov 28, 2025
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Investors
Norfund
& 9 more
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Employee Count
Not available
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Products & Services of Candi Solar
Candi Solar offers a comprehensive portfolio of products and services, including Solar Solutions, Financing Services, Engineering Services, and Performance Management.
Customized solar and battery installations for business energy needs
Zero-risk financing options for solar projects without upfront costs
Complete solar system installation and setup processes
Ongoing management for optimal energy performance and reliability
People of Candi Solar
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Funding Insights of Candi Solar
Candi Solar has successfully raised a total of $66M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $58.5 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Candi Solar
Candi Solar has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Norfund, responsAbility and STOA.
| Investor | Description | Founded Year | Domain | Location |
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Investment management firm and venture capital fund focused on multiple sectors
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Africa's climate venture builder focused on sustainable impact.
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It invests in developing countries to create jobs and improve lives
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Investor details for Candi Solar
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Investments & Acquisitions by Candi Solar
Investment portfolio details for Candi Solar
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Financial Statements - Candi Solar
Detailed financials for Candi Solar
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Candi Solar Comparisons
Peer comparison for Candi Solar
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Competitors of Candi Solar
Candi Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PLAN-B NET ZERO, Eniwa, Solexis, solarmotion and Powerblox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainable energy solutions including photovoltaics and charging infrastructure are provided.
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Energy provider delivering electricity, gas, renewable energy, and digital services to customers.
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Distributes and advises on photovoltaic solutions, combining solar power with heat production systems, and provides related engineering services
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Photovoltaic systems, energy management, and electric mobility solutions are provided.
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Delivers comprehensive solar services for commercial and residential clients.
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Detailed competitors of Candi Solar
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Latest news on Candi Solar
Complete news archive for Candi Solar
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Frequently Asked Questions about Candi Solar
Candi Solar was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Candi Solar is headquartered in Zurich, Switzerland.
Philippe Flamand is the current CEO of Candi Solar.
Candi Solar is a funded company, having raised a total of $66M across 9 funding rounds to date.
Candi Solar was established in 2017 in Zurich, Switzerland, within the renewable energy sector. Rooftop solar systems are installed for small-scale commercial and industrial customers via a full-service model. The solar-as-a-service approach eliminates upfront investments and operational maintenance costs, with contracts limited to 10 years or shorter. Operations extend through partnerships such as Gaia Impact Fund, Nispera, UNICEF, and Rockford Solar India Pvt. Ltd.
Candi Solar's top competitors include Solexis, PLAN-B NET ZERO and solarmotion.
Candi Solar offers Solar Solutions, Financing Services, Engineering Services, and Performance Management.
Candi Solar has 10 investors. Key investors include Norfund, responsAbility, STOA, Gaia Impact, and Triple Jump.