TUCOENERGIE has secured €14 million in funding from IDI and RAISE Impact to accelerate its growth and digitalization efforts in the energy renovation sector.

Information on the Target

TUCOENERGIE, founded in 2009 by Nathaniel Corcos, is a pioneer in energy renovation and has earned the Greentech Innovation label from the Ministry of Ecological Transition. The company offers comprehensive solutions aimed at achieving energy independence for individuals, businesses, and local governments, utilizing renewable, decarbonized, and decentralized energy sources. Its product offerings primarily include photovoltaic self-consumption systems and various energy-saving solutions.

Based in the Paris region, TUCOENERGIE has achieved significant growth, generating nearly €75 million in annual revenue and managing around 300 projects each month throughout France. The company has also developed an innovative digital application, OrÉe, designed to facilitate energy transition for households, providing tailored energy efficiency solutions based on individual needs.

Industry Overview in France

The energy renovation market in France is on the verge of substantial growth, with estimates suggesting a valuation of nearly €4 billion by 2025. This sector is becoming increasingly critical as the country seeks to meet its environ