Glint Solar, an Oslo, Norway-based that built a SaaS platform to help developers identify strong contenders for ground-based (or floating) solar projects, announced that it raised $3 million in seed funding.
Investors in the seed round include sustainability-focused Momentum, early stage Norwegian fund, Wiski Capital, and cleantech and energy investor Statkraft Ventures, as well as some existing shareholders.
Glint Solar uses the proceeds to scale the business, with a plan to expand into new countries but also grow its customer base in key markets in Europe and the U.S.
Company: Glint Solar
Round: Seed Round
Funding Month: June 2022
Lead Investors: Momentum, Wiski Capital and Statkraft Ventures
Company Website: https://www.glintsolar.ai/
Software Category: Solar Site Analysis
About the Company: Founded in 2020 with the mission of accelerating the adoption of floating solar energy across the globe. Glint Solar is accelerating the floating solar revolution by using satellite data, Artificial Intelligence, Machine Learning, Renewable Energy, and Software. Today, Glint focused on providing valuable insight for all early-stage greenfield development, both in floating and ground-mount solar. Glint is working with solar developers around the world to help them identify relevant project sites and analyze these to accelerate the adoption of solar. Glint makes solar analysis simple by providing fast, valuable insights to solar development companies.