ecoligo closes financing round of EUR 2.5 million to expand solar-as-a-service solution in emerging markets

ecoligo closes financing round of EUR 2.5 million to expand solar-as-a-service solution in emerging markets

Funding will enable ecoligo to accelerate growth and contribute to global climate protection. Berlin, July 17, 2019 – The Berlin start-up ecoligo will receive EUR 2.5 million of funding from Saxovent, an investor specializing in ecological investments. Since its foundation in 2016, ecoligo has opened up the solar market for commercial and industrial businesses in emerging markets, driving the energy transition in these countries. The current funding will be used to scale up operations and enter new markets. After closing a seed financing with business angels and InnoEnergy 2 years ago, ecoligo has successfully rolled out its crowd-financed Solar-as-a-Service concept…

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