About MyLight Systems
MyLight Systems is a company based in Jonage (France) founded in 2014 by Ondine Suavet.. MyLight Systems has raised $2.22 million across 2 funding rounds from investors including European Union and Inter Invest. MyLight Systems offers products and services including Solar Panels, MySmartBattery, MySmartHeating, and MySmartcharger. MyLight Systems operates in a competitive market with competitors including SunPower, Particle, Signify, Danfoss and Landis+Gyr, among others.
- Headquarter Jonage, France
- Founders Ondine Suavet
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Sectors
Energy & UtilitiesBusiness Services Technology Real Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.22 M (USD)
in 2 rounds
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Latest Funding Round
$463.64 K (USD), Grant
Oct 01, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of MyLight Systems
MyLight Systems offers a comprehensive portfolio of products and services, including Solar Panels, MySmartBattery, MySmartHeating, and MySmartcharger. 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.
Photovoltaic panels for efficient energy production from sunlight
Virtual battery for storing and managing solar energy reserves
Intelligent pump for reducing heating costs with solar power
Recharge system that rewards users for solar-powered charging
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Funding Insights of MyLight Systems
MyLight Systems has successfully raised a total of $2.22M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $463.64 thousand completed in October 2020. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $463,638
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First Round
First Round
(01 Jul 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - MyLight Systems | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - MyLight Systems | Valuation | Inter Invest |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MyLight Systems
MyLight Systems has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Inter Invest. 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 |
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Investment group focused on private equity and overseas financing solutions.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MyLight Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MyLight Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mylight Systems Comparisons
Competitors of MyLight Systems
MyLight Systems 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 SunPower, Particle, Signify, Danfoss and Landis+Gyr, 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 |
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| domain | founded_year | HQ Location |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mylight Systems
Frequently Asked Questions about MyLight Systems
When was MyLight Systems founded?
MyLight Systems was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is MyLight Systems located?
MyLight Systems is headquartered in Jonage, France. It is registered at Jonage, Rhone, France.
Who is the current CEO of MyLight Systems?
Ondine Suavet is the current CEO of MyLight Systems. They have also founded this company.
Is MyLight Systems a funded company?
MyLight Systems is a funded company, having raised a total of $2.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.22M, raised on Jul 01, 2016.
What does MyLight Systems do?
Provider of app-based connected solar panels. It is designed to allow homeowners to produce and consume their own solar electricity. It also analyzes the electricity consumption pattern and optimizes consumption to match the energy production profile. The system intelligently adapts to changing habits and helps to save money by integrating their stored self-consumption systems. They provide photovoltaic kits, optimization kits more software for smart energy management. Its app is available on Android and iOS platforms.
Who are the top competitors of MyLight Systems?
MyLight Systems's top competitors include SunPower, Particle and Landis+Gyr.
What products or services does MyLight Systems offer?
MyLight Systems offers Solar Panels, MySmartBattery, MySmartHeating, and MySmartcharger.
Who are MyLight Systems's investors?
MyLight Systems has 2 investors. Key investors include European Union, and Inter Invest.