In the media -
Flat-rate energy startup Elvy raises €500m to fuel European expansion
The Swedish startup is looking to enter eastern Europe with the help of major partnerships.
The €500 million facility — roughly 5.5 billion SEK, arranged with Swedish financier Scayl and one of its banking partners — 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 — so 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 its energy subscription in hundreds of Swedish households
The energy challenger is chasing homeowners.
- In the media -
Sifted spotlights Elvy: Swedish startup more than doubles its customer base in three months
The company takes care of every part of the home's energy system - from installing and maintaining solar panels, heat pumps and batteries to 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?