In the media -
Elvy raises €500m for European expansion
The €500m raise, arranged with Swedish financier Scayl, funds Elvy's energy-subscription rollout across Sweden and a first step into eastern Europe.
The €500 million facility, roughly 5.5 billion SEK, was arranged with Swedish financier Scayl and one of its banking partners. It funds the rollout of Elvy's energy subscription across Sweden and a first step into eastern Europe. Elvy owns and runs the hardware: heat pump, solar and battery. Homeowners get it with no upfront cost.
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- In the media -
Elvy raises SEK 5.5 billion for its solution
Sweden's Elvy, which offers households an energy subscription, confirms earlier reports to Di and is raising SEK 5.5 billion in debt financing.
- In the media -
Elvy rolls out energy subscription in hundreds of homes
Elvy has rolled out its energy subscription in hundreds of homes and expects around 300 million kronor in revenue this year. Now borrowing 5 billion to expand.
- In the media -
Sifted: startup more than doubles customers in 3 months
Sifted covers Elvy, more than doubling customers in three months. It runs the home's energy system: solar panels, heat pumps, batteries and grid optimisation.
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Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?