As some of you may have seen, we’ve raised €2.5 million to move faster and serve the Guarantee of Origin (GO) & Renewable Energy Certificate (REC) ecosystem better. As Tech.eu noted, with the fresh funding, we plan to continue expanding the platform, onboard more producers, and enhance our AI-driven technology. That means bringing on more talent, more features launching, more supported regions, and more time listening to what you need. If you're using Soldera today, either as a producer or as a buyer, talk to us and tell us what would make your life easier.
This funding also means more terawatt-hours under management, which will ultimately translates to better aggregate pricing for our customers. A stronger network brings more volumes, more visibility, and more options for producers & buyers. Invest in Estonia and Baltic VC both emphasize how our network of 3,000+ renewable energy producers, including major players like BaltCap, Kaamos Energy, Merito, and Sunsa, are each now equipped with the tools desired to unlock market value with zero administrative burden.
Coverage has come in from across the European ecosystem. Sifted featured Soldera in its roundup of fast-growing startups, which was an awesome recognition. As for Estonian coverage, Finantsuudised, FoundMe, Elektriala, and Startup Estonia all mentioned us, but Elektriala's article was particularly well received. As a specialist outlet for Estonia's energy sector, we are glad to see our technological approach recognised, further reinforcing our commitment to supporting Estonia's energy sector.
The round was led by Lifeline Ventures, with participation from Skaala, Lemonade Stand, Alumni Ventures, and others who believe in where this market is going. Their backing signals growing confidence not just in Soldera, but also in Guarantees of Origin more broadly. Investors in this space are clearly including a bullish outlook for the GO market in their decision making.
Ulimately, how Venture Capitalists (VCs) view the entire GO market is a bullish signal. VCs operate on the Power Law principle, seeking opportunities that could return their entire fund. By backing Soldera, these investors are making a fund-returning bet that would not be possible without significant GO market growth. Interestingly, some are making focused bets on energy infrastructure, while others position Soldera as a crucial play within broader climate portfolios. This diversity of conviction into GO market infrastructure represents a strong consensus that the GO & REC market has a bright future ahead.
