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Insolight, based in Lausanne, Switzerland, develops high-efficiency agrivoltaic solar panels that generate clean energy while allowing crops to grow underneath, utilizing advanced optics for up to 40% efficiency, optimizing crop yield and microclimate control. The company has built 16 projects and is developing over 100 projects across 600 hectares, with a 200 MW pipeline across Switzerland, France, and Italy. With 45 employees, Insolight aims to add 300 MWp this year, targeting 1 GW built by 2032. In 2020, Insolight closed a $5 million Series A funding round led by Verve Ventures, with participation from Constructive Venture Fund. The company was founded in 2015 by Laurent Coulot, Mathieu Ackermann, and Florian Gerlich. Its business model centers on sells agrivoltaic solar panel systems and develops projects for growers and industrial customers.
Insolight has raised $24.7M across 4 funding rounds.
Insolight has raised $24.7M in total across 4 funding rounds.
Insolight has raised $24.7M in total across 4 funding rounds.
Insolight's investors include Cyrille Cabaret, Smart%20Energy%20Innovation%20Fund, Verve Ventures, Z%C3%BCrcher%20Kantonalbank, Swiss%20Immo%20Lab, European Union, Zürcher Kantonalbank.
Insolight has raised $24.7M across 4 funding rounds. Most recently, it raised $5.2M Other Equity in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 13, 2022 | $5.2M Venture Round | Cyrille Cabaret | Smart%20energy%20innovation%20fund, Verve Ventures, Z%C3%BCrcher%20Kantonalbank | Announced |
| Jul 30, 2020 | $5.4M Series A | Verve Ventures | Swiss%20immo%20lab, Z%C3%BCrcher%20Kantonalbank | Announced |
| Sep 9, 2019 | $11.7M Grant | European Union | — | Announced |
| Jan 22, 2018 | $2.4M Seed | Verve Ventures | Zürcher Kantonalbank | Announced |
