Otovo the easiest way to get solar panels on your roof. We are a marketplace organizing a network of local, high quality energy installers that we have vetted thoroughly. We use technology to analyse the potential of your home and advise you precisely about the ideal project. Present in Scandinavia, France, and Spain, we have sold and completed thousands of solar energy projects. We are aiming at becoming the European number one in residential solar.
Location: Norway, Oslo
Employees: 51-200
Total raised: $34.06M
Founded date: 2016
Investors 1
Funding Rounds 1
| Date | Series | Amount | Investors |
| 22.02.2022 | - | $34.06M | - |
Mentions in press and media 10
| Date | Title | Description |
| 11.11.2024 | The Future of Sustainable Innovation: Jellatech and DREM Lead the Charge | In a world increasingly focused on sustainability, two companies are making waves in their respective fields. Jellatech, a North Carolina-based biotech firm, and DREM, a Swedish greentech startup, are pushing the boundaries of innovation. T... |
| 11.11.2024 | Stockholm-based DREM secures €1 million to expand heat pump technology | Stockholm-based DREM, a greentech company specialising in affordable, smart heat pump technology, has raised €1 million in additional funding from venture capital firms Peak, byFounders, Redstone, and Futurum Ventures. This investment will ... |
| 16.09.2024 | Smalt Secures €8 Million to Power Europe’s Energy Transition | In the heart of Berlin, a new force is rising in the renewable energy sector. Smalt, a talent-supply and labor productivity engine, has successfully raised €8 million in pre-emptive seed funding. This funding round, led by noa, a prominent ... |
| 16.09.2024 | Berlin-based smalt raises €8 million to address the talent supply for the energy transition | Smalt, the talent-supply and labor productivity engine for the energy transition, has raised €8 million in a pre-emptive seed funding round to accelerate its growth in the tech-enabled commercial and residential solar sector, addressing cri... |
| 16.05.2024 | 10 Norwegian startups to watch in 2024 | The Norwegian tech ecosystem has experienced significant growth and development in recent years, fueled by a combination of factors including government support, access to capital, a highly educated workforce, and a culture of innovation. S... |
| 13.11.2023 | Oslo-based solar and battery storage marketplace Otovo bags €40M to expedite its path to profitability | Read this article in: Oslo-based Otovo, a marketplace for solar and battery storage, announced on Friday, November 10, that it has secured €40M (approximately NOK 450M) in a fresh funding round. The round was led by the existing investors Å... |
| 25.01.2023 | Oslo-based Otovo bags €120M to expand residential solar marketplace across Europe | Oslo-based Otovo, an online marketplace for residential solar and battery installations, announced on Wednesday that it has secured €120M in debt and equity shares placement. The €100M (€50M + €50M) debt financing comes from DNB Bank ASA an... |
| 26.08.2022 | 6 tips for growing your business, according to an ex-Groupon CEO | Íñigo Amoribieta. José Aguilera Redeem now Íñigo Amoribieta is a managing director at Otovo, and he was previously the CEO of Groupon Spain. He shared with Insider six tips for entrepreneurs looking to grow their companies. They include mee... |
| 22.02.2022 | Norwegian startup Otovo raises €30 million to bring easier access to solar power across Europe | Oslo-based Otovo has secured €30 million to accelerate the expansion of its solar marketplace across six new markets over the next year. Founded in 2016, the European-solar titan is listed on Euronext Growth Exchange in Oslo, with a market ... |
| 05.11.2020 | TOP 10 CleanTech Startups in Europe | CleanTech has emerged as a trending sector in Europe where companies are developing cost-efficient renewable energy solutions, introducing environment-friendly mobility solutions and reducing energy usage in order to bring about sustainabil... |