![]() It is an economical no-brainer for consumers to build new homes using solar solutions. Technology of integrated solar roofs is past the inflection point. Michal Rokosz, Partner at Inovo Venture Partners, commented: “The market of solar energy is booming, estimated to reach $334 billion by 2026. We’ve already grown more than 500% year-on-year and will use the latest funding to double down on growth.” Kaniuk said: “SunRoof was founded to make the move to renewable energy not only easy, but highly cost-effective without ever having to sacrifice on features or design. SunRoof, by contrast, works with multiple partners. Tesla’s Autobidder is a trading platform that manages the energy from roofs but is a closed ecosystem. SunRoof gives homeowners an energy app to manage the solar, based on Redlogger’s infrastructure. Because the surface area is large and the connections fewer, the roofs are cheaper and faster to build. Instead, they use monocrystalline solar cells sandwiched between two large sheets of glass that measure 1.7 sq meters. SunRoof’s platform consists of 2-in-1 solar roofs and façades that generate electricity without needing traditional photovoltaic modules. To achieve this virtual power company, SunRoof CEO and serial entrepreneur Lech Kaniuk (formerly of Delivery Hero, PizzaPortal and iTaxi), acquired the renewable energy system, Redlogger, in 2020. ![]() Sweden-based SunRoof’s approach is reminiscent of Tesla Energy, with its solar roof tiles, but whereas Tesla runs a closed energy ecosystem, SunRoof plans to work with multiple energy partners. Other investors include LT Capital, EIT InnoEnergy, FD Growth Capital and KnowledgeHub. It’s now closed a €4.5 million round (seed extension) led by Inovo Venture Partners, with participation from SMOK Ventures (€2 million came in the form of convertible notes). ![]() ![]() It then links up those houses, creating a sort of virtual power plant, allowing homeowners to sell surplus energy back to the grid. It has its own roof-tile technology that generates solar power. SunRoof is a European startup that has come up with a clever idea. ![]()
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