Green Eagle Solutions, a Madrid, Spain-based startup that provides an AI-powered Enterprise SaaS product to automate the operations of renewable energy assets, has raised €6 million in Series A funding.
SaaS Investors
The round was led by the Energy Transition Tech Fund of A&G, with participation from previous investors Kibo Ventures and SET Ventures.
A&G Energy Transition Tech Fund is a venture capital fund managed by A&G Banca Privada. The fund is located in Madrid, Spain. The fund targets ESG investments, and impact investments in the energy, climate, information technology, and clean tech sectors to accelerate energy transition and help decarbonize society.
Green Eagle Solutions Use of Funds
The company will use the funds to expand its automation platform, ARSOS to the rest of Europe and the USA.
About Green Eagle Solutions
Green Eagle Solutions is a tech company that offers SaaS solutions to the renewable energy sector. The company provides an artificial intelligence-powered SaaS product to automate the operations of renewable energy assets. The company's automation platform, called ARSOS, enables renewable assets to operate autonomously, allowing customers to implement revenue-based operations.
Funding Details
Company: GREEN EAGLE SOLUTIONS, S.L.
Raised: €6.0M
Round: Series A
Funding Month: December 2023
Lead Investors: Energy Transition Tech Fund of A&G
Additional Investors: Kibo Ventures and SET Ventures
Company Website: https://www.greeneaglesolutions.com/
Software Category: AI-powered Renewable Energy Automation
Source: https://tech.eu/2023/12/19/green-eagle-solutions-secures-eur6m-for-ai-powered-renewable-energy-automation/