Wolves Summit News

Solar panel startup Enviria secures $200m from BlackRock

Written by WS Team | Mar 1, 2024 12:02:36 PM

Frankfurt-based Enviria has secured $200m in equity from BlackRock, cementing Germany’s place
as a solar tech hub. 

Unlike the country’s two solar unicorns, Enpal and 1Komma5, which provide solar panels to
households, Enviria helps businesses source panels, coordinate with suppliers and ensure
regulatory compliance.
Founded in 2017, Enviria raised a Series A round in 2022 from investors including Galileo Green
Energy, Alter Equity, Redalphine and BNP Paribas. Its latest funding comes from BlackRock’s
Global Renewable Power IV fund. 
BlackRock has invested in a number of European climate tech companies, including Enpal and
Northvolt, Europe’s best-funded gigafactory startup. BlackRock also backed Arrival, the electric
van manufacturer that went into administration earlier this year. 



https://sifted.eu/articles/enviria-blackrock-climate-solar-panel-news

 

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