Allume is a company that has developed SolShare, the world's only technology for connecting apartments to rooftop solar. With over 2M Australians, 15M Americans, and 300M Europeans living in low and medium rise apartment buildings, the potential for solar energy is vast. The company's SolShare™ solution addresses this opportunity by enabling solar for apartments and sharing energy from a single rooftop solar system between multiple dwellings within the same building, thus overcoming technical and ownership barriers. Allume, established in 2015 in Australia, has gained market traction in the country and is now expanding rapidly in the UK and the US.
The last investment in Allume was a $1.50M Convertible Note investment on 30 August 2023, led by Elemental Excelerator and Schmidt Family Foundation. The company operates in the Energy, Renewable Energy, and Clean Energy industries, with its headquarters in Australia.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $1.50M | 2 | 30 Aug 2023 | |
Series A | $6.00M | 4 | Trawalla Group, NOAB Ventures | 05 Jul 2021 |
Convertible Note | $1.10M | - | 01 Mar 2020 | |
Seed Round | $2.10M | 3 | Victorian Clean Technology Fund, Artesian Clean Energy Seed Fund | 01 Feb 2019 |
Pre Seed Round | $200.00K | 1 | Robin Chiang | 28 Aug 2018 |
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