feld.energy funding news – Germany-based feld.energy has Secured €1.7 Million in Pre-Seed Funding

This approach can earn farmers up to €4,000 per hectare, helping them build resilience against crop failures. It also supports Germany’s goal of shifting to renewable energy, aiming for 60% of its energy to come from renewables by 2050.

Read more : Prelude funding news – Paris-based Prelude has Raised €7.6 Million in Seed Funding

According to Germany’s Frauenhofer ISE research institute, agri-PV has the potential to generate up to 2,900 GW of power across the country.

Adrian Renner, Co-Founder and CEO, " this is a powerful step towards creating a future where agriculture and clean energy work hand in hand. Our mission is simple yet profound: to make agriculture more resilient and sustainable by harnessing the power of the sun. With our technology, we can help farmers secure a stable income while generating climate-friendly electricity and reducing society’s dependence on traditional energy sources.”

Investor of the round

HV Capital led the funding round, with additional support from Angel Invest, CoInvest (Marc Diekmann), Karljo Seilern, Cord Amelung, Alex Mahr, Christian Hardenberg, Nikas Rickmann (MVST Ventures), Jan Rabe, and Colin Hanna.

David Kuczek, General Partner HV Capital: “We’re excited to partner up once again with Dr. Adrian Renner – who is a serial entrepreneur from the HV portfolio. He formerly founded Global Savings Group, which is a category leader in the consumer space. With his expertise in building lasting companies, we’re convinced that Adrian can transform the agri-PV sector, and we’re looking forward to being a part of the journey as the sector grows to its full potential in driving Germany’s energy transition.”

Utilisation of the funding

feld.energy will use the funding to expand its operations and grow its team.

About feld.energy

Founded in 2022 feld.energy helps farmers use their land for both farming and solar power generation allowing them to earn up to €4,000 per hectare. This approach supports Germany renewable energy goals and strengthens agricultural resilience.