Svea Solar

Sollentuna, Sweden Founded: 2014 • Age: 12 yrs
App-based solar battery storage and energy monitoring solutions are provided.
Annual revenue - Latest available
Total funding $106.8M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Svea Solar

Svea Solar is a company based in Sollentuna (Sweden) founded in 2014 by Nolan Gray. Svea Solar has raised $106.82 million across 2 funding rounds from investors including AB CarVal and Altor. Svea Solar offers products and services including Solar Installations, Storage Solutions, and Charging Solutions. Svea Solar operates in a competitive market with competitors including MyLight Systems, EdgePower, Sundata, Operant Solar and Play Solar, among others.

  • Headquarter Sollentuna, Sweden
  • Founders Nolan Gray
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $106.82 M (USD)

    in 2 rounds

  • Latest Funding Round
    $106.82 M (USD), Series A

    Jun 10, 2022

  • Investors
    AB CarVal

    & 1 more

  • Employee Count
    Not available
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Products & Services of Svea Solar

Svea Solar offers a comprehensive portfolio of products and services, including Solar Installations, Storage Solutions, and Charging Solutions.

Product name locked
Category locked
Primary

Custom designed solar systems for homes and businesses.

Product name locked
Category locked
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Battery storage systems for optimized solar energy use.

Product name locked
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Charging systems integrated with solar setups for vehicles.

People of Svea Solar

Headcount 50-200
Employee Profiles 82
Board Members and Advisors 6
Employee Profiles
People
Marco Pandinu
Head Of Supply Chain
People
Emil Rönnbäck
Head Of Business Control
People
Alexander Brorsson
Method & Development Manager
People
Louise Weir
Fleet Lead

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Board Members and Advisors
people
Anne Martinson
Board Member
people
Magnus Ledin
Board Member
people
Herman Korsgaard
Board Member
people
Magnus Silfverberg
Board Member

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Funding Insights of Svea Solar

Svea Solar has successfully raised a total of $106.82M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $106.82 million completed in June 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.

Investors in Svea Solar

Svea Solar has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include AB CarVal and Altor.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Altor is engaged in private equity investments across multiple sectors.
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Global manager of alternative investments in credit strategies and assets.
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Investor details for Svea Solar

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Investments & Acquisitions by Svea Solar

Investments
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Investment portfolio details for Svea Solar

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Financial Statements - Svea Solar

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Detailed financials for Svea Solar

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Svea Solar Comparisons

Svea Solar Primary company
Description
App-based solar battery storage and energy monitoring soluti...
Location
Sollentuna, Sweden
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Svea Solar

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Competitors of Svea Solar

Svea Solar 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 MyLight Systems, EdgePower, Sundata, Operant Solar and Play Solar, among others.

Company Name Domain Founded year HQ Location Description
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App-based connected solar panels are provided for homeowner energy production.
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Building energy management software and hardware are developed.
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Solar panel systems are monitored via inverter data analysis.
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Provides monitoring systems for solar power plants.
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Solar-integrated hardware and monitoring platforms are developed for appliances.
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Detailed competitors of Svea Solar

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Latest news on Svea Solar

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Complete news archive for Svea Solar

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Frequently Asked Questions about Svea Solar

Svea Solar was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Svea Solar is headquartered in Sollentuna, Sweden. It is registered at Sollentuna, Stockholm County, Sweden.

Svea Solar is a funded company, having raised a total of $106.82M across 2 funding rounds to date.

Svea Solar was founded in 2014 in Sollentuna, Sweden, within the renewable energy sector. An app-based platform is offered for solar battery storage and energy consumption monitoring. Solar systems, battery storage, and electricity usage can be tracked by users. Additional products include solar calculators, energy calculators, chargers, and storage batteries. The app is accessible on both Android and iOS devices.

Svea Solar's top competitors include EdgePower, MyLight Systems and Sundata.

Svea Solar offers Solar Installations, Storage Solutions, and Charging Solutions.

Svea Solar has 2 investors. Key investors include AB CarVal, and Altor.

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