SunDrive (Series A)
Funding Details
Awarder
RSS - www.startupdaily.net
Date Award
January 1, 2023
Vertical
Solar Panels
Funding URL
View Funding Page
Premoney Valuation
$80,000,000
Valuation
$100,000,000
Funding Amount
$20,000,000
Company Info
Founding Year
2019
Traction
The company has made significant strides in the solar panel market and is undergoing a major restructure to enhance its operational efficiency.
Organizations Involved
Atlassian, ARENA, Clean Energy Finance Corporation
Founders
David Hu, Vince Allen
Market
Renewable Energy
Location
Sydney, NSW, Australia
Coinvestors
Mike Cannon-Brookes, Blackbird, Main Sequence, ARENA, Clean Energy Finance Corporation, Cameron Adams, Malcolm Turnbull, Robyn Denholm
Company Description

SunDrive is a startup developing cheaper, copper-based solar panels, aiming to innovate in the renewable energy sector. The company focuses on creating more cost-effective solar solutions to enhance accessibility and adoption of solar technology.

Links
Website
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