Triple Solar, a scale-up specializing in energy transition technologies, has secured €1.2 million in working capital to expand operations across multiple European countries.

Target Information

Triple Solar has successfully raised €1.2 million in working capital, thanks to contributions from PDENH, DOEN Participaties, Enfuro Ventures, and Rabobank. As a rapidly growing scale-up in the energy transition sector, Triple Solar focuses on the development of heat pump systems powered by PVT panels. The funds raised will facilitate the scaling of their operations in large-scale new construction projects across the Netherlands, Germany, Belgium, and the United Kingdom.

The Triple Solar® system presents a cost-effective alternative to traditional heat pumps reliant on expensive ground sources or noisy outdoor units. By providing innovative heat pump solutions, Triple Solar significantly contributes to the energy transition while catering to both new builds and existing structures.

Industry Overview

The energy transition sector in the Netherlands is experiencing unprecedented growth, driven by increasing demand for sustainable energy solutions. The Netherlands has set ambitious targets for carbon reduction and aims to

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PDENH

invested in

Triple Solar

in 2021

in a Other VC deal

Disclosed details

Transaction Size: $1M

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