About Sunseap
Sunseap is a company based in Singapore (Singapore) founded in 2011 by Jiemin Wu and Frank Phuan was acquired by EDP Renewables in November 2021. Sunseap has raised $238.82 million across 12 funding rounds from investors including Goldman Sachs, ING and EDP Renewables. Sunseap operates in a competitive market with competitors including Sembcorp Industries, AMPYR and Eigen Energy, among others.
- Headquarter Singapore, Singapore
- Founders Jiemin Wu, Frank Phuan
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Sunseap Group Pte. Ltd.
-
Annual Revenue
$143.86 M (USD)19as on Dec 31, 2023
-
Net Profit
-$33.49 M (USD)-48as on Dec 31, 2023
-
EBITDA
$28.75 M (USD)63as on Dec 31, 2023
-
Total Equity Funding
$238.82 M (USD)
in 12 rounds
-
Latest Funding Round
Not available
-
Investors
Goldman Sachs
& 11 more
-
Employee Count
Not available
-
Acquired by
EDP Renewables
(Nov 03, 2021)
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
People of Sunseap
Unlock access to complete
Funding Insights of Sunseap
Sunseap has successfully raised a total of $238.82M across 12 strategic funding rounds. 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.
Investors in Sunseap
Sunseap has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, ING and EDP Renewables.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment platform is provided for diverse sectors and geographies.
|
Locked | Locked | Locked | |
|
Infrastructure investments in impact-driven companies are managed.
|
Locked | Locked | Locked | |
|
Venture capital firm backed by Shell
|
Locked | Locked | Locked |
Investor details for Sunseap
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sunseap
Investment portfolio details for Sunseap
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Sunseap
Detailed financials for Sunseap
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sunseap Comparisons
Peer comparison for Sunseap
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Sunseap
Sunseap 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 Sembcorp Industries, AMPYR and Eigen Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Large-scale asset development and management are conducted globally.
|
|
| Locked | Locked | Locked |
Solar and wind energy projects are developed globally.
|
|
| Locked | Locked | Locked |
Provides solar PV, EV charging, and energy storage for residential, commercial, and utility sectors.
|
Detailed competitors of Sunseap
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sunseap
Complete news archive for Sunseap
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sunseap
Sunseap was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Sunseap is headquartered in Singapore, Singapore.
Frank Phuan is the current CEO of Sunseap. They have also founded this company.
Sunseap is a funded company, having raised a total of $238.82M across 12 funding rounds to date.
Annual revenue of Sunseap is $143.86M as on Dec 31, 2023.
Sunseap was established in 2011 in Singapore, where solar energy services are focused. Rooftop installation solutions are delivered to commercial clients, alongside operations as an independent solar power producer. Licensing as an energy retailer in Singapore has been obtained. Recognition through the Singapore Sustainability Award was received in 2013, supporting activities in the renewable energy sector.
Sunseap's top competitors include Sembcorp Industries, AMPYR and Eigen Energy.
Sunseap has 12 investors. Key investors include Goldman Sachs, ING, EDP Renewables, United Overseas Bank, and Temasek.