GRYD Energy, a London-based solar tech startup, has successfully raised £1 million in pre-seed funding to expand its subscription-based solar and battery systems across the UK. Their innovative model, referred to as 'solar-as-a-service', removes the financial barrier to solar installation by covering hardware and maintenance costs, allowing homeowners to pay an average monthly fee while generating immediate bill savings. The new funds will facilitate partnerships with developers and authorities, enhance marketing efforts, and explore AI improvements for their offerings.
"The strength of our pre-seed round is a welcome start to the next phase of GRYD Energy's journey as we prepare to scale our solar technology and service nationwide."
"Our 'solar-as-a-service' approach removes the traditional cost barrier to installing solar panels by covering all hardware and maintenance costs for the 25-year lifespan of the system."
Collection
[
|
...
]