Phanes Group

Dubai, United Arab Emirates Founded: 2012 • Age: 14 yrs
Solar projects are developed, financed, and maintained internationally.

About Phanes Group

Phanes Group is an Energy & Utilities company based in Dubai (United Arab Emirates) founded in 2012. Solar projects are developed, financed, and maintained internationally. Phanes Group has raised $67 million across 1 funding round. Its chief executive, as recorded, is Martin Haupts. Phanes Group offers products and services including Home Solar. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Masdar, Yellow Door Energy and eSunScope; 1 of its 3 listed competitors has raised funding.

Company details

Phanes Group was established in 2012 in Dubai, United Arab Emirates, focusing on the solar energy sector. Solar projects are developed and invested in across multiple regions, with services provided for development, financing, construction, operation, and maintenance. Notable initiatives include a 67.7MW facility in Monte Plata, a 23.2MW power program in Dubai, a 60.5MW installation in Nigeria, and a 10.5MW residential setup in the UK.

  • Headquarters Dubai, United Arab Emirates
  • Sectors
    Energy & Utilities
  • Phone
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  • Website phanesgroup.com
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $67M (USD)

    in 1 rounds

  • Latest Funding Round
    $67M (USD), Series B

    Jan 2020

Products & Services of Phanes Group

Phanes Group offers a comprehensive portfolio of products and services, including Home Solar.

Home Solar
Renewable Energy Solutions

Offers development and investment for residential solar projects.

Funding Insights of Phanes Group

Phanes Group has successfully raised a total of $67M through 1 strategic funding round. The most recent funding activity was a Series B round of $67 million completed in January 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 $67M
  • Total Rounds 1
  • Last Round Series B β€” $67M
  • First Round $67M

    (Jan 2020)

All 1 funding rounds of Phanes Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$67MSeries B––
–

People of Phanes Group

1 people are tracked at Phanes Group (1 in leadership).

NameRoleGroup
Martin Haupts
CEOLeadership
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Timeline of Phanes Group

2 dated milestones of Phanes Group across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Phanes Group is founded.
  2. Funding First funding round of $67.0M.

Competitors of Phanes Group

Phanes Group has 3 listed competitors in our database, 1 of them funded. They include Masdar, Yellow Door Energy and eSunScope.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
masdar.ae2006Abu Dhabi, United Arab Emirates
Masdar is recognized as a pioneer in clean energy solutions.
yellowdoorenergy.com2015Dubai, United Arab Emirates$465M
Developer of solar energy projects
esunscope.com2018Dubai, United Arab Emirates
Solar installation, monitoring, and maintenance solution provider
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Detailed competitors of Phanes Group

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Web traffic of Phanes Group

The website of Phanes Group (phanesgroup.com) receives about 2.2K visits a month.

  • Monthly visits
    2.2K

    ▼ 15.2% vs previous month

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Related news about Phanes Group

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Frequently Asked Questions about Phanes Group

Phanes Group was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Phanes Group is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Martin Haupts is the CEO of Phanes Group, as recorded in our data.

Phanes Group is a funded company, having raised a total of $67M across 1 funding round to date. The company's 1st funding round was a Series B of $67M, raised on Jan 2020.

Phanes Group was established in 2012 in Dubai, United Arab Emirates, focusing on the solar energy sector. Solar projects are developed and invested in across multiple regions, with services provided for development, financing, construction, operation, and maintenance. Notable initiatives include a 67.7MW facility in Monte Plata, a 23.2MW power program in Dubai, a 60.5MW installation in Nigeria, and a 10.5MW residential setup in the UK.

Phanes Group's top competitors include Masdar, Yellow Door Energy and eSunScope.

Phanes Group offers Home Solar.

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