July 11, 2023
Founded in 2019, Beem Energy is a French startup that empowers people to own their energy. The company started with the Beem kit, a DIY solar kit that allows customers to produce their own solar energy, optimize their consumption at home and save on average 250€ in electricity each year. Beem has already equipped several tens of thousands of homes in France and Europe. By promoting the adoption of solar self-consumption through simple solutions, Beem encourages everyone to better understand, control and save their energy.
The Nantes-based company is developing an ecosystem of products and services to meet the growing demand from individuals who want to produce their own renewable energy. The company has the ambition to equip over 500,000 homes by 2030 and expand in Europe, particularly in Germany, Italy and the Netherlands.
Beem has raised a Series A of 20 million euros to accelerate its operations and strengthen its position as European leader in the home energy management market. The round has been supported by its historical investors Alter Equity, 360 Capital and BNP Paribas Development, as well as our C.Entrepreneurs fund (along with Cathay Innovation).
“Today, with the growth of inflation and in a context of ecological emergency, we have been convinced that we must transform the relationship individuals have with their energy. This fundraising confirms the confidence that our investors, historical and new, have in our project and allows us to accelerate our impact”, says Ralph Feghali, co-founder and CEO of Beem Energy.