Redalpine and Galileo Green Energy led a €23m Series A funding round in ENVIRIA.

Redalpine, a venture capital firm, and Galileo Green Energy, a pan-European, multi-technology, renewable energy developer, owner and operator, led a €23m Series A funding round in ENVIRIA, a provider of photovoltaic services, with participation from BNP Paribas Développement and Alter Equity. ENVIRIA will use the new capital to scale up and further develop its innovative solar concepts, while taking decisive steps towards becoming a leading renewable energy utility aimed specifically at the business sector. “Since our founding in 2017, we have grown the company, our expertise and our network organically. We are therefore uniquely positioned to enable companies to take their green ambitions into their own hands with the help of solar. This investment will allow us to set the scene for ENVIRIA to grow into a decentralized renewable energy platform specifically for the B2B sector. We are incredibly proud to have Redalpine, Galileo Green Energy, BNP Paribas and Alter Equity onboard, as we find their diverse profiles and fundamental understanding of ENVIRIA’s mission to be valuable assets for our future,” Melchior Schulze Brock, ENVIRIA Founder and CEO.