Otovo is a Norwegian energy company offering solar panels, installation, and energy consumption analytics for commercial and residential properties. The company, founded in 2016, aims to make solar energy production easy and hassle-free for homeowners. Operating in multiple European countries, including Austria, Belgium, France, Germany, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the UK, Otovo has successfully completed thousands of solar energy projects and aspires to become the leading provider of residential solar in Europe. The last investment of €40.00M in post-IPO equity occurred on 13 November 2023 and was backed by AxSol, Å Energi, OBOS Group, and Nysnø. Otovo's commitment to sustainability and expansion presents an appealing investment opportunity in the burgeoning renewable energy and marketplace industries. For those considering opportunities within the company, positions can be explored on their careers page, while businesses interested in collaboration can register as installation partners on their website. For further information, visit www.otovo.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | €40.00M | 4 | OBOS Group, Nysnø | 13 Nov 2023 |
Post-IPO Debt | kr1.10B | 2 | SpareBank 1 SR-Bank | 25 Jan 2023 |
Post-IPO Equity | kr200.00M | 4 | OBOS Forsikring, Nysnø +1 | 25 Jan 2023 |
Post-IPO Equity | kr300.00M | 6 | OBOS Forsikring, Nysnø +3 | 22 Feb 2022 |
Venture Round | kr150.00M | 1 | 03 Dec 2019 |