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Inven Capital Invests in Zolar

Power News - Published on Thu, 12 Sep 2019

Image Source: crunchbase.com
Inven Capital, CEZ Group’s investment fund that seeks out promising projects on the European energy start-up market, has acquired a minority share in German innovation company Zolar. This company provides digital solutions for rooftop photovoltaic installations and combined photovoltaic and battery systems.

In addition to Inven Capital, BayWa re Energy Ventures participated in this round of investment with a total volume of EUR 10 million. The existing investors Heartcore Ventures, Statkraft Ventures and Partech Ventures likewise increased their shares.

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Posted By : Rabi Wangkhem on Thu, 12 Sep 2019
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