Reonic raised €13 million in a Series A funding round led by Northzone to integrate renewable energy solutions into households and businesses.
Reonic raised €13 million in a Series A funding round led by Northzone to integrate renewable energy solutions into households and businesses.
09/05/24, 9:11 AM
Location
augsburgMoney raised
€13 million
Industry
software
Round Type
series a
Investors
Puzzle Ventures, Point Nine, Northzone
Reonic, a climate tech SaaS startup, has raised €13 million in a Series A funding round to enhance its digital tools for renewable energy installers. This funding will support the company's expansion into neighboring European countries and increase its workforce.
Company Info
Location
augsburg, bavaria, germany
Additional Info
Reonic is a climate tech SaaS startup based in Augsburg, Bavaria, that focuses on enabling the deployment of sustainable energy solutions across Europe. Founded in 2021, it empowers renewable installers to streamline their workflows and digitize their processes. The company supports over 200,000 installers across Europe and aims to drive the energy transition through innovative software solutions. Reonic has recently experienced significant growth, tripling its recurring revenue in six months.