Netherland

Solarge funding news – Netherlands-based Solarge Secures €1.5Million in Funding

Aug 5, 2024 | By Startup Rise EU

Solarge, the Limburg-based manufacturer of lightweight, circular and PFAS-free solar panels, has received an investment from the Limburg Energy Fund (LEF). With this investment of €1.5 million, LEF will join the shareholder structure of Solarge.

Solarge, the Limburg-based manufacturer of lightweight, circular and PFAS-free solar panels, has received an investment from the Limburg Energy Fund (LEF). With this investment of €1.5 million, LEF will join the shareholder structure of Solarge.

SUMMARY

  • Solarge, the Limburg-based manufacturer of lightweight, circular and PFAS-free solar panels, has received an investment from the Limburg Energy Fund (LEF). With this investment of €1.5 million funding.
  • Solarge was founded in 2018 by Jan Vesseur, Huib van den Heuvel and Gerard de Leede and is located in Weert, where it has been producing lightweight solar panels since 2023.

The investment by LEF is an important link towards the further scaling up of the current production location in Weert and the intended construction of a second production facility. First closing of the investment round in which LEF participated took place in April 2024. At that time, among others, the private professional (impact) investor Phase2.earth also joined the shareholder structure of Solarge.

Jan Vesseur (CEO of Solarge) about the LEF: “The investment of the Limburg Energy Fund enables us to make our innovative, lightweight solar panels accessible to a wider audience in the long term. We are delighted that LEF shares our vision and supports us in our mission to accelerate the energy transition”.

Jan-Willem König (General Manager of the Limburg Energy Fund) on the investment in Solarge: “With their innovative, circular and PFAS-free solar panels, Solarge makes an essential contribution to the energy transition. LEF is proud to support Solarge in their further growth, with which we strive together for a greener future, made possible by Limburg innovation”.

About Solarge

Solarge was founded in 2018 by Jan Vesseur, Huib van den Heuvel and Gerard de Leede and is located in Weert, where it has been producing lightweight solar panels since 2023.

Read also - Credo AI funding news – Brussels-based Credo AI Secures €19.4 Million in Funding

It's solar panels are extremely suitable as a sustainable solution for places where conventional solar panels are not an option or an inferior option due to weight. In this way, it makes it possible to make the built environment more sustainable and plays an important role in the energy transition.

Recommended Stories for You