Solarock, a participant in photo voltaic self-consumption in France, introduced a primary fundraising spherical of €7 million to launch a nationwide franchise community and develop revolutionary technological options to ship an optimum and clear buyer expertise.
The spherical noticed participation from Pale Blue Dot, Noa, Ring Capital, and Kima Ventures.
“Now we have constructed a wholesome, virtuous, and environment friendly mannequin that may be replicated within the type of franchises due to an knowledgeable central crew and superior technological instruments. This fundraising will allow us to scale this success nationally. With solely 3% of properties geared up for self-consumption, out of greater than 13 million suitable properties, the French residential photo voltaic market represents a possible of over €200 billion – we now have a shiny future forward of us!” mentioned Laure Crémieux, CEO and Co-founder of Solarock.
Based by Laure Crémieux, Benjamin Barnathan, and Joseph-Marie Valleix, with the ambition to turn out to be a reference participant in residential and SME photo voltaic options, Solarock provides a turnkey photovoltaic resolution that goes past easy set up: exact sizing, the collection of sturdy gear, integration of storage options (already adopted by almost half of purchasers), monitoring of manufacturing, and steerage on maximising self-consumption.
The corporate was born out of the will to reconnect the French inhabitants with photo voltaic vitality, particularly related at a time when this energy supply is turning into key for households seeking to improve their independence and cut back vitality payments.
In lower than six months, its first company turned worthwhile and has reportedly already enabled lots of of households to make vital financial savings whereas maximising their vitality autonomy.
To scale this mannequin, Solarock is launching its franchise mannequin in an effort to “construction, professionalise, and simplify a sector that’s nonetheless too complicated for people“. This hybrid franchise mannequin blends native and centralised operations: native, autonomous entrepreneurs grounded of their territory who construct belief with prospects, and an knowledgeable central crew offering technical instruments, administrative assist, and merchandise.
This construction goals to reduces prices, improves the client expertise, and strives for operational excellence.
This funding may also allow Solarock to boost its R&D capabilities to design revolutionary instruments, similar to superior monitoring methods and optimised storage options, selling vitality autonomy.
The model can also be growing a technological resolution for good management of house electrical gear and storage, permitting prospects to totally optimise their installations. Moreover, purchasers can now entry an in-depth technical research carried out by an in-house analysis workplace, utilizing AI-powered simulation instruments for sizing and maximised self-consumption.
“We’re satisfied that the way forward for photovoltaics depends on a successful mixture: native and high-quality options, rigorous operational excellence, and cutting-edge technological improvements. Solarock embodies this imaginative and prescient completely, demonstrating each the speedy profitability of its mannequin and its long-term optimistic influence. We’re proud to assist this bold crew that’s redefining the requirements of the French photo voltaic market,” added Heidi Lindvall, Normal Accomplice and Investor at Pale Blue Dot.
