Tech Company Financing Transactions
Allume Energy Funding Round
On 8/30/2023, Allume Energy received $1.5 million in financing from Elemental Excelerator and Schmidt Family Foundation.
Transaction Overview
Company Name
Announced On
8/30/2023
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to bring rooftop solar to more than 4,000 residents across the Southeastern U.S., starting with shared solar projects in Florida, Georgia and Mississippi.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1/1 Bromham Place
Richmond, VIC 3121
AU
Richmond, VIC 3121
AU
Phone
Website
Email Address
Overview
Allume have created the SolShare: The world's only hardware for connecting apartments to a shared rooftop solar system. The behind-the-meter solution is simple to install and affordable, making it the go-to solar solution for apartment buildings. Social Housing Providers, Property Developers, Asset Owners, and traditional apartment owners are now able to achieve their sustainability goals and save their residents money via the SolShare.
Management Team
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Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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