About ELTEX
ELTEX is a company based in Barcelona (Spain) founded in 2021 was acquired by SolarMente in October 2024.. ELTEX offers products and services including Solar Panels, Aerotermia, Batteries, and EV Charger. ELTEX operates in a competitive market with competitors including Holaluz, Solfy, Nomad Solar Energy, DH Econergías and POWEN, among others.
- Headquarter Barcelona, Spain
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
SolarMente
(Oct 08, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ELTEX
ELTEX offers a comprehensive portfolio of products and services, including Solar Panels, Aerotermia, Batteries, and EV Charger. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Convert sunlight into electricity for home use and storage.
Heat pumps for efficient heating, cooling, and hot water.
Store excess solar energy for later household consumption.
Charge electric vehicles using renewable energy sources.
Unlock access to complete
Unlock access to complete
Funding Insights of ELTEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELTEX
ELTEX has secured backing from 1 investor. Prominent investors backing the company include SolarMente. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Solar panel installation services are provided in Barcelona, Spain.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ELTEX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ELTEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eltex Comparisons
Competitors of ELTEX
ELTEX 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 Holaluz, Solfy, Nomad Solar Energy, DH Econergías and POWEN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Power retailing company
|
|
| domain | founded_year | HQ Location |
Online marketplace for self-consumption of solar energy, enabling individuals and businesses to produce their own solar energy
|
|
| domain | founded_year | HQ Location |
Provider of portable solar energy solutions, offering innovative products and services to bring clean energy to various industries and sectors
|
|
| domain | founded_year | HQ Location |
Heating systems using biomass and solar renewables are provided.
|
|
| domain | founded_year | HQ Location |
Provides solar panel installations for homes, businesses, and communities to promote energy independence.
|
|
| domain | founded_year | HQ Location |
Solar installation services are provided for residential and commercial clients.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about ELTEX
When was ELTEX founded?
ELTEX was founded in 2021.
Where is ELTEX located?
ELTEX is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
What does ELTEX do?
ELTEX was established in 2021 in Barcelona, Spain, as a provider in the renewable energy sector. Services focused on solar panel installations for residential properties are delivered, with operations centered in the local region. Installations are handled to integrate solar systems into homes, supporting energy efficiency initiatives. The company maintains a presence through its domain eltex.es, catering to homeowners seeking sustainable power solutions.
What products or services does ELTEX offer?
ELTEX offers Solar Panels, Aerotermia, Batteries, and EV Charger.
Who are ELTEX's investors?
ELTEX has 1 investor. Key investors include SolarMente.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.