Sonnenbatterie
Country: Germany
Region: Bayern
Investors: eCapital
Sonnenbatterie makes solar power generation and storage systems for homes and businesses that can help reduce electricity bills by 75% and dramatically reduce reliance on the electricity grid. The company founders started experimenting with intelligent lithium technology in 2008 and set up Sonnenbatterie in 2010.
Venture capital firm eCapital invested in 2013 to support the rapid expansion of the firm. Its investment helped fund the company’s international expansion, as well as extensive R&D to enable Sonnenbatterie to maintain its technological lead in the market. Thanks to eCapital’s involvement, Sonnenbatterie is on track to reach more home owners with its technology, and to take a leading position in the supply of electricity storage systems to businesses globally.
Christoph Ostermann
Founder & CEO - Sonnenbatterie
eCapital enriches our company through proactive provision of valuable contacts, relevant competence and profound entrepreneurial experience. Due to these benefits eCapital is not just an investor but a much treasured partner to us.
26k
systems installed
330
new jobs created
What did the business need?
Capital for research and development
Extension of management team
Support to expand into international markets
How did private equity backing create lasting value?
Provided finance to create new products and intellectual property
Helped the company to maintain its technological edge of up to three years over rivals
Financed international expansion and organisational growth
Provided access to sales contacts for overseas expansion
Extended business offering into services (such as demand and response services)
What outcomes did private equity investment achieve?
Installed over 26,000 systems since market introduction in 2011
Established market leader in Germany and Europe
Developed economically viable storage system that enables the further expansion of renewable solar electricity generation
Created technological leader that offers best value for money
Secured high customer satisfaction and brand recognition in Germany
Created around 330 jobs, taking total staff number to 350
Investors
