MONABEE secures €2 million from ODYSSÉE Venture to accelerate growth in the solar self-consumption market, enhancing energy independence for individuals and businesses.
Target Information
MONABEE is a specialist in solar self-consumption solutions, focusing on providing photovoltaic systems that empower both individuals and professionals to achieve energy independence. The company has developed a range of innovative connected tools designed to measure energy production and consumption, allowing users to optimize their energy usage through intelligent energy flow management.
Industry Overview in France
The solar energy sector in France has witnessed significant growth in recent years, driven by a combination of increasing energy prices and heightened awareness of the need for sustainable energy solutions. The French government has implemented various incentives and the legislative framework to promote the adoption of renewable energy, further enhancing the attractiveness of solar technologies.
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With a strong push towards achieving carbon neutrality by 2050, renewable energy, particularly solar, remains a focal point of France's energy strategy. A
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ODYSSÉE Venture
invested in
MONABEE
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M