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    Fintech Solfácil receives investment of US$ 100 million

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    With that, it hopes to pass BV and Santander Brasil by the end of the year and be the country’s leader in the sector (Image: Shutterstock/ rafapress)

    THE startup financing of photovoltaic energy systems Solfácil announced this Wednesday that it received a contribution of 100 million dollars, led by the venture capital fund QED Investors, with the participation of SoftBankVEF and Capital Value.

    Founded in 2018, Solfácil claims that it has been growing 8 times a year and has already financed more than 1.2 billion reais to install about 15,000 solar energy equipment for homes, small and medium-sized companies and rural producers.

    In a statement, Solfácil states that the new resources will be used to expand the financing offer, expand its marketplace and also in technology to improve the productivity of plants and services for its approximately 8,000 integrators, professional partners who install the equipment.

    With that, wait for it to pass BV and Santander Brazil until the end of the year and be the country’s leader in the sector.

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    “People produce their own clean energy and are less vulnerable to constant increases in their electricity bills”, said the president and founder of Solfácil, Fabio Carrara.

    The investment comes less than a year after the same QED led another investment in Solfácil, a series B round of 160 million reais.

    The company did not say at what value it was valued in the new round of funding.


    Money Times publishes informative articles of a journalistic nature. This publication does not constitute an investment recommendation.

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    Source: Moneytimes

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