VOY Advises Solytic on Series B Financing Round
A team led by André Buchholtz supported Solytic with closing its EUR 2M Series B funding round.
The round was led by German energy company EWE AG and Polish fund SpeedUp Energy Innovation, powered by PGE Ventures.
Solytic plans to use the funds for further product development and creating AI-based care technology for PV installations. The company plans to start operations in Poland and Western Europe and is looking for partners among companies installing and operating PV installations.
Founded 2017 in Berlin, cleantech-startup Solytic offers software to monitor and improve the performance of solar PV systems. Based on digital twin technology and advanced analytics, users receive data-driven insights and matches of their real-time needs with service offers. By automating services such as cleaning, maintenance, insurance or storage, the AI-powered software increases revenues and cuts costs for decentralized solar PV systems, which is key for ensuring a faster and more profitable transition towards a sustainable future.
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