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Based in Zurich, Switzerland, Candi provides end-to-end rooftop solar and battery solutions for commercial and industrial businesses across India and South Africa. The company acts as a solar engineer, financier, and operator, managing the entire lifecycle of renewable energy assets to reduce energy costs and emissions for its enterprise clients. Operating across multiple regions, the enterprise has scaled to over 100 employees and currently manages 132 megawatts of contracted capacity across 165 active installations. Candi serves a diverse portfolio of commercial customers, including recognizable global brands such as Airtel, Schneider Electric, Toyota, and Pick n Pay. The organization has successfully raised over $140 million in total funding to date, a figure which includes a recent $24 million capital injection from its existing institutional shareholders. Candi was founded in 2018 by Philippe, Fabio, and Rodrigo.
Candi has raised $99.7M across 3 funding rounds.
Candi has raised $99.7M in total across 3 funding rounds.
Candi has raised $99.7M in total across 3 funding rounds.
Candi's investors include Claudia Da Conceicao, Kyuden International, Bjørnar Baugerud, Marie-Laure Mazaud, Jean-Denis Collin.
Candi has raised $99.7M across 3 funding rounds. Most recently, it raised $58.5M Debt in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 28, 2025 | $58.5M Debt Financing | Claudia DA Conceicao | — | Announced |
| Jun 11, 2024 | $38M Series C | Kyuden International, Bjørnar Baugerud, Marie Laure Mazaud | — | Announced |
| Oct 27, 2020 | $3.2M Debt Financing | Jean Denis Collin | — | Announced |