Reonic closed $13M Series A round

Reonic, a climate tech SaaS startup, has raised €13 million in a Series A funding round. The round was led by Northzone and included participation from existing investors Point Nine and Puzzle Ventures.

Reonic, founded in Augsburg, Germany, in 2021, provides an end-to-end software solution for small and medium-sized renewable energy installers to digitize their processes and streamline workflows. The company's platform supports installers in the sales, planning, and operations of renewable technologies such as solar energy, energy storage, electric vehicle charging, and heat pumps. The new funding will be used to accelerate Reonic's European expansion, starting with France, and to grow its team.

• Funding Round: Series A

• Amount Raised: $13M

• Valuation: Unknown

• Lead Investor: Northzone

• Other Funds that Invested: Point Nine, Puzzle Ventures

• Company Industry: Information Technology & Services

• Company Headquarters: Augsburg, Bavaria, Germany