16 May 2023

Supersola raises 1 million euros in growth financing for the production of Plug & Play solar panels

Supersola
News

Solar panel supplier Supersola has raised an investment of 1 million euros under the leadership of ROM InWest. In addition to ROM InWest, Techfund One and a number of members of De InvesteerdersClub are also joining as shareholders.

The financial injection is intended to scale up further, make more products and increase Supersola's brand awareness. Thanks to this investment, the company expects substantial turnover growth in the coming year.

Expand and scale Supersola
“This will be the year in which we will grow in Europe and want to be in the Dutch and French DIY stores,” says founder Julius Smith of Supersola. “There is interest from all over Europe, but we are now mainly focusing on our home country the Netherlands and on France, where almost all major DIY stores (Castorama, E.Leclerc, Brico Depot etc.) have already approached us to be able to sell. With this investment we are expanding our production capacity and we can scale up, so that we can contribute even more to the energy transition.”

Plug & Play solution

Supersola offers a self-developed and produced solar panel that is ready for immediate use. Connection can be done in three simple steps: (1) unfold, (2) fill the ballast tanks with water and (3) plug the plug into an earthed socket. Filling and weighing down with water serves – just like with a parasol base – to keep the panel firmly in place. By letting the water drain out again, the Supersola becomes easy to move to, for example, your new (rented) home. The power that the Supersola supplies to your home via a standard plug first goes to devices that consume power at that time. If more power is generated than is consumed, the Supersola supplies power back to the power grid. Households can start with one panel and later connect multiple panels to each other for expansion.

Also for tenants

“With the Supersola, almost all households have the opportunity to make their homes more sustainable. One solar panel is enough to take the first step. The simple installation requires no technical knowledge, prevents expensive installation work and makes it possible to take the panel with you when you move. The panel is therefore also suitable for tenants, who usually cannot install permanent solar panels to reduce their energy bill,” says Smith.

Support from networks

In addition to financial support, ROM InWest offers Supersola a large business network, which can help the company grow in the long term. Techfund One provides the necessary technical experience and knowledge of effectively scaling up a company. The Investors Club mainly consists of entrepreneurs with a large network who have already successfully set up a company themselves, so that they can support and advise Supersola with their experience. Supersola has previously received services and investments from the EU-supported EIT InnoEnergy, and investments from former CEOs of large energy companies, Arnoud Kamerbeek and Rolf Fouchier.

Robin van Beijnum
Business Developer Energy Transition
Isabel van Nesselrooij
Fund Manager Transition Fund

Energy transition

From fossil to renewable energy sources

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