2 years ago
Sunsave Raises €6.3 Million to Expand Solar Subscription Service in UK
Sunsave, a UK-based solar subscription service, has secured €6.3 million in seed funding led by Norrsken VC, with participation from IPGL, Plug and Play, and angel investors including Stuart Rose, Michael Spencer, Roland Rudd, and Bill Nussey
The funding will be used for product development, team expansion, and scaling the business
Sunsave aims to make solar power accessible to all UK households by offering a subscription model that eliminates the need for upfront costs
The company is authorized and regulated by the Financial Conduct Authority (FCA) to provide these services.
ProblemEnergy
"making it difficult for half of UK households to afford solar energy systems due to high upfront costs"
Solution
"offering a subscription model with ongoing monitoring and maintenance, allowing immediate energy savings with monthly payments starting from £69, and no upfront costs"