ECAIR Raises €11M To Help Fund Solar and Renovations

The funding will support the rollout of its new lending product and the expansion of operations across France marking the first step in its broader European roadmap.

Investors in the round include Planet A, Übermorgen Ventures, Inco Ventures, Silence, Voyagers, Climate Club, Kima Ventures, and BPI, alongside €6 million in debt financing from Enerfip.

“The energy transition won’t happen just because it’s the right thing to do; it has to make financial sense. We are removing every financial barrier so that starting a renovation or solar project becomes an economic no-brainer,” says Maxime Bensadoun, co-founder of ECAIR.

In 2025, EU-Startups highlighted several funding rounds in sectors adjacent to ECAIR’s focus on financing energy-transition deployment. Germany’s Reshape Energy raised €5 million to expand its building-energy services platform.

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Dutch startup OpusFlow secured €3.8 million to scale its automation tools for renewable-energy installers, while Spain’s Clevergy raised €3.2 million to grow its smart-energy platform across Europe.

Collectively, these rounds total approximately €12 million reflecting sustained investment in solutions that help buildings, installers, and decentralized-energy actors adopt or manage energy-transition technologies.

Founded in 2023 by Maxime Bensadoun (ex-Revolut, former Head of Payments at Lydia) and Victor Jolly (former COO of Lydia), ECAIR is a financial copilot for solar and energy-renovation installers. The platform provides an instant integrated capital stack, transforming quotes into actual deployments.

Rising energy costs electricity up 80% and gas up 120% in France over the past decade have made energy efficiency and self-consumption strategic economic priorities.

With the French residential renovation and solar market valued at €15 billion annually, and over €100 billion across the EU, up to 50% of renovation or solar quotes fail to convert due to a lack of accessible financing.

By providing tailored financial tools, ECAIR addresses the complexity and pace of renovation projects, enabling installers to deploy heat pumps, insulation, and solar installations at scale, bridging the financing gap that is critical to Europe’s energy transition.

“Maxime and Victor bring rare FinTech execution to one of the most operationally complex markets in Europe. Their product is elegant, fast, and built exactly where installers and customers feel the most pain. Demand is exploding – consumers want to reduce bills and emissions, but financing is blocking half the market. ECAIR is unlocking billions in latent renovation and solar demand,” says Jan Christoph Gras, General Partner at Planet A.

ECAIR recently introduced a new consumer loan product that installers can offer to their customers, providing previously underserved installers with simple, reliable access to financing. Loans are designed around a home’s projected energy savings, ensuring projects are cash-flow positive from day one, and are evaluated using ECAIR’s proprietary AI-driven underwriting engine.

This complements ECAIR’s B2B solution, which has reportedly deployed over €8 million in working capital, enabling installers to secure cash flow and scale the deployment of solar and energy-renovation projects efficiently.

About ECAIR

ECAIR is a technology and financial services company that empowers energy-renovation businesses to scale large-scale projects. By providing installers with tailored financing solutions including AI-powered consumer loans and working-capital support, ECAIR transforms quotes into deployments enabling more efficient cash-flow positive energy-renovation and solar projects across Europe.