About Solandeo
Solandeo is a company based in Berlin (Germany) founded in 2011 was acquired by Ancala in June 2024.. Solandeo has raised $7.73 million across 2 funding rounds from investors including Brandenburg Capital, High-Tech Gründerfonds and Ancala. The company has 37 employees as of December 31, 2021. Solandeo offers products and services including Messstellenbetrieb, Fernsteuerung, and Prognosen. Solandeo operates in a competitive market with competitors including Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, among others.
- Headquarter Berlin, Germany
- Employees 37 as on 31 Dec, 2021
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.73 M (USD)
in 2 rounds
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Latest Funding Round
$7.73 M (USD), Series A
Mar 22, 2022
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Investors
Brandenburg Capital
& 2 more
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Employee Count
37
as on Dec 31, 2021
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Acquired by
Ancala
(Jun 28, 2024)
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Products & Services of Solandeo
Solandeo offers a comprehensive portfolio of products and services, including Messstellenbetrieb, Fernsteuerung, and Prognosen. 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.
Manages smart meters for energy monitoring services
Enables remote management of renewable energy systems
Provides AI-based predictions for energy yield
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Funding Insights of Solandeo
Solandeo has successfully raised a total of $7.73M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.73 million completed in March 2022. 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 Series A — $7.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Solandeo | Valuation | Brandenburg Capital |
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| Jun, 2015 | Amount | Seed - Solandeo | Valuation | HTGF |
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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 Solandeo
Solandeo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Brandenburg Capital, High-Tech Gründerfonds and Ancala. 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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Investments are directed by Brandenburg Capital toward multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are made in high-tech startups by HTGF.
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Founded Year | Domain | Location | |
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Infrastructure investments are managed by Ancala for global institutional investors.
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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 Solandeo
| 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 - Solandeo
| 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 |
Solandeo Comparisons
Competitors of Solandeo
Solandeo 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 Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, 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 |
Software solutions for energy portfolio management are offered.
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| domain | founded_year | HQ Location |
End-to-end platform for distributed renewable energy finance is provided.
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| domain | founded_year | HQ Location |
Solar asset management services are provided for PV projects.
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| domain | founded_year | HQ Location |
Smart off-grid controllers are developed for renewable energy systems.
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| domain | founded_year | HQ Location |
Cloud-based portfolio management software is provided for renewable energy.
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| domain | founded_year | HQ Location |
Carbon footprint is tracked and managed through a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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 Solandeo
Frequently Asked Questions about Solandeo
When was Solandeo founded?
Solandeo was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Solandeo located?
Solandeo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Solandeo a funded company?
Solandeo is a funded company, having raised a total of $7.73M across 2 funding rounds to date.
How many employees does Solandeo have?
As of Dec 31, 2021, the latest employee count at Solandeo is 37.
What does Solandeo do?
Online platform offering power management software. It offers an energy trading platform and power management software. This includes communication of real-time output, remote power management, and an interface to the energy traders IT platform. The company also offers energy metering operations, AI-based price forecasting, operation of smart metering, remote control of renewable facilities, and the technical upgrading of wind turbines, solar panels, and bio-methane cogeneration.
Who are the top competitors of Solandeo?
Solandeo's top competitors include Equilibrium Energy, Clear Blue Technologies and Lancium.
What products or services does Solandeo offer?
Solandeo offers Messstellenbetrieb, Fernsteuerung, and Prognosen.
Who are Solandeo's investors?
Solandeo has 3 investors. Key investors include Brandenburg Capital, High-Tech Gründerfonds, and Ancala.
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