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Eiffel Investment Group, Azora Capital, and Andera Partners led a €100m funding round in mylight150.

Synopsis

Eiffel Investment Group, an alternative investor and asset manager, Azora Capital, an investment management firm, and Andera Partners, an investment company, led a €100m funding round in mylight150, a French cleantech company, with participation from Elevation Capital Partners. “Combatting climate change means electrifying our economy. 10 years ago, we founded mylight150 to enable everyone to produce and consume their own green and affordable electricity. With the development of heat pumps and electric vehicles, our technologies are becoming essential to the energy model of the future. We are excited with this investment, that enables the growth of a future champion in a critical sector for Europe’s energy sovereignty,” Ondine et Virgile Suavet, mylight150 Co-CEO.

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