La Solive funding news – French-based La Solive Secures €4 Million in a Series A Round Funding
Sep 25, 2024 | By Team SR
La Solive, a energy renovation training provider, secures €4 million in a series A round funding, led by Partech and joined by Brighteye Ventures. Founded in 2021 by Ariane Komorn and Côme de Cossé Brissac, La Solive aims to address both the climate crisis and the labor shortage in the energy renovation sector.
SUMMARY
- La Solive, a energy renovation training provider, secures €4 million in a series A round funding.
- La Solive, Energy renovation encompasses all the measures that lower a building's energy usage while enhancing its comfort, such as installing more energy-efficient heating systems, changing windows, and insulating your house.
Almost 25% of France's emissions come from the building sector, which is a major source of greenhouse gas emissions. Consequently, accomplishing environmental goals requires energy-efficient renovations, but there is a lack of qualified experts to fulfill this demand.
With more than 1,000 students trained across its three campuses in Paris, Lyon, and Nantes over the last three years, La Solive has become a major player in the industry. Four training programs are available at the institution covering topics like solar panel installation, energy renovation project management, and heat pump installation.
With the additional funds, La Solive intends to respond to the increasing need for qualified workers by broadening its geographic reach and launching new certifications and educational programs.
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There has never been a greater demand for energy remodeling specialists. Industry projections state that 600,000 positions in this sector will need to be filled in France alone by 2030. The demand on public and private sectors to speed up energy refurbishment projects is growing as the European Union tightens its climate goals.
Finding qualified experts, though, has proven to be a recurring difficulty. There is a shortage of technicians in the construction industry, and many of them lack the specific expertise needed to apply energy-saving solutions in an efficient manner.
La Solive was established to fill this void. Its comprehensive, practical courses are intended for people who want to retrain as project managers or artisans in energy renovation. The school's network of more than 600 partners around France, which includes public services, engineering firms, and construction industries, assists students in finding jobs promptly upon program completion.
One in four of the school's pupils is a female, and 91% of graduates find employment within six months, according to La Solive. The institution has also been particularly effective in drawing women to the construction industry.
With the additional €4 million investment, La Solive intends to quicken its growth. By 2026, eight to ten further campuses—including ones in Toulouse, Marseille, Lille, and Montpellier—will be opened with the help of these funds. The organization also plans to launch new training programs, including the RGE QualiPAC & QualiPV certifications, which are essential for experts in energy renovation, and a certification for Rehabilitation Works Supervisors.
Komorn stated " CEO and co-founder Ariane Komorn emphasized the importance of speeding up the school’s growth to meet the increasing demand for energy-efficient renovations. “The climate emergency and the labor shortage in France mean that we need to speed up our response to the challenge of energy-efficient home renovation, She also highlighted the company’s success in training nearly 1,000 students and building a strong partner network across various industries."
The most recent investment round for La Solive emphasizes how crucial it is to renovate in an energy-efficient manner and how hiring qualified experts to complete these tasks is essential. The need for qualified professionals with experience in energy refurbishment is predicted to increase significantly as European nations strive for more aggressive climate targets. La Solive's development plans, which seek to teach 5,000 energy renovation professionals yearly by 2028, are a timely answer to this demand.
About La Solive
La Solive, Energy renovation encompasses all the measures that lower a building's energy usage while enhancing its comfort, such as installing more energy-efficient heating systems, changing windows, and insulating your house. This industry is flourishing, having tripled in size in just three years, and it is hiring heavily for jobs of the future!
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