Online marketplace for residential solar and battery installations
| Date | Round | Amount |
|---|---|---|
| Jan 2023 | Funding round Otovo raised EUR120M (EUR100M debt from DNB Bank and SpareBank 1 SR-Bank, plus EUR20M equity from AxSol, Nysno, Agder Energi Invest and OBOS) to scale its solar subscription portfolio. | $120M |
| Jan 2023 | Debt Norwegian residential-solar marketplace Otovo raised €100M in debt financing from DNB and Sparebank 1 SR-bank. | $107M |
| Jan 2023 | Growth As part of the same €120M raise, Otovo secured a €20M equity placement from its largest shareholder AxSol. | $21M |
| Feb 2022 | Funding round Oslo solar marketplace Otovo raised EUR30M (NOK 300M) to expand into new European markets. | $30M |
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Otovo has acquired zolar.
Data is community-curated and may be incomplete.