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Ion Energy raised $3 million in a Series A funding round led by Kasikornbank and SUN Group to develop solar energy solutions for residential and commercial sectors in Thailand.

May 01, 2024about 1 year ago

Amount Raised

$3 Million

Round Type

series a

Bengaluru

Investors

Sun GroupKasikornbank

Description

Ion Energy, a Thailand-based startup, secured a Series A funding round of $3 million from Kasikornbank's subsidiary Beacon Venture Capital and SUN Group to enhance its clean energy solutions for residential and commercial sectors within the country.

Company Information

Company

ION Energy

Location

Bengaluru, Karnataka, India

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers