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Enpal closes out Series C with $174M from SoftBank for tech to make it easier for homeowners to make the switch to solar energy
One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is a hard one to get right, with many a company failing when they’ve been unable to strike the right balance between the technology working as it should, provisioning services in a cost-effective way, providing good customer service and handling their own overhead. Today, a startup that believes it has squared some of these problems away is announcing a big funding round as it gears up for growth. Enpal — a solar startup out of Berlin, Germany that uses AI for provisioning and installing services, and then a subscription-style model for homeowners to pay for it (you might even call it a SaaS model: solar as a service) — has raised €150 million ($174 million) from SoftBank Vision Fund 2.