In today’s briefing:
- Singapore’s Rent-To-Own Solar Startup Solar AI Bags US$1.5M Seed Financing
Singapore’s Rent-To-Own Solar Startup Solar AI Bags US$1.5M Seed Financing
- Singapore-based solar-as-a-service startup Solar AI Technologies has secured US$1.5 million in a seed funding round led by Earth Venture Capital with participation from Undivided Ventures, Investible, and climate-tech angel investor David Pardo.
- The funds will primarily be used to upscale its rent-to-own (RTO) solar programme in the island nation before embarking on regional expansion in the next 12 months.
- Started in 2020 by Chew (CEO), Gérald Chablowski (CTO), and Luke Ong, Solar AI seeks to make rooftop solar accessible and hassle-free for smaller, underserved property owners by providing them with zero upfront cost.
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