Solfácil collects €100m for solar energy investing platform

Brazil-based Solfácil, which lets people invest into solar energy, has reportedly raised €100m in a funding round.

The capital injection was led by QED Investors, with commitments also coming from SoftBankVEF and Capital Value, according to a report from Global Happenings. .

With the funds, the company hopes to expand its financing offer, grow its marketplace and bolster its technology.

Founded in 2018, the company allows people to invest into solar enrgy, with consumers able to switch their monthly electricity payments into an investment into solar energy systems.

Solfácil previously raised $30m in its Series B last year.

In Q1 2022, Brazilian companies accounted for 43% of all FinTech seed deals in Latin America.

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