About SolarisKit
SolarisKit is a company based in Edinburgh (United Kingdom) founded in 2019 by Faisal Ghani.. SolarisKit has raised $188.04 thousand across 2 funding rounds from investors including British Design Fund and Innovate UK. SolarisKit operates in a competitive market with competitors including Ecoflow, Naked Energy, Azuri, HDM Solar and ENF Solar, among others.
- Headquarter Edinburgh, United Kingdom
- Founders Faisal Ghani
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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 Solariskit Ltd
- Date of Incorporation 28 May, 2019
- Jurisdiction DUNDEE, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$188.04 K (USD)
in 2 rounds
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Latest Funding Round
$188.04 K (USD), Seed
Sep 07, 2023
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Investors
British Design Fund
& 1 more
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Employee Count
Employee Count
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Funding Insights of SolarisKit
SolarisKit has successfully raised a total of $188.04K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $188.04 thousand completed in September 2023. 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 Seed — $188,039
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First Round
First Round
(21 Jan 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - SolarisKit | Valuation | British Design Fund |
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| Jan, 2020 | Amount | Grant - SolarisKit | Valuation |
investors |
| 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 SolarisKit
SolarisKit has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include British Design Fund and Innovate UK. 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 and mentoring are provided to British product startups.
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Founded Year | Domain | Location | |
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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 SolarisKit
| 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 - SolarisKit
| 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 |
Solariskit Comparisons
Competitors of SolarisKit
SolarisKit 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 Ecoflow, Naked Energy, Azuri, HDM Solar and ENF Solar, 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 |
An online platform for energy storage solutions is offered.
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| domain | founded_year | HQ Location |
Heat decarbonization solutions are delivered via hybrid solar collectors.
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| domain | founded_year | HQ Location |
Solar powered products are manufactured by Azuri.
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| domain | founded_year | HQ Location |
Solar panels, batteries, inverters, and accessories are supplied.
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| domain | founded_year | HQ Location |
Solar-powered products are manufactured for various applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Solariskit
Frequently Asked Questions about SolarisKit
When was SolarisKit founded?
SolarisKit was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is SolarisKit located?
SolarisKit is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Who is the current CEO of SolarisKit?
Faisal Ghani is the current CEO of SolarisKit. They have also founded this company.
Is SolarisKit a funded company?
SolarisKit is a funded company, having raised a total of $188.04K across 2 funding rounds to date. The company's 1st funding round was a Grant of $324.9K, raised on Jan 21, 2020.
What does SolarisKit do?
SolarisKit was established in 2019 in Edinburgh, United Kingdom, with Faisal Ghani serving as founder and CEO. Solar thermal kits are produced by the company for residential and industrial use within the renewable energy sector. Operations center on the design and assembly of these kits to facilitate solar heat collection systems. The focus remains on practical applications across domestic and commercial environments in the UK and beyond.
Who are the top competitors of SolarisKit?
SolarisKit's top competitors include Ecoflow, Naked Energy and HDM Solar.
Who are SolarisKit's investors?
SolarisKit has 2 investors. Key investors include British Design Fund, and Innovate UK.