Samara to launch tech service to accelerate Spain's transition to renewable energy

Spain-based Samara is all set to launch a tech service in its home market to accelerate the market’s transition to renewable energy.

The startup aimed to "develop technology to simplify the process for households of installing solar energy systems, batteries and EV chargers, as well as developing digital tools for householders to manage their usage."

It has been reported that the round is led by European and LatAm VC firms, Seaya and Pelion Green Future. The startup closed €2 million in pre-seed funding for the same.

It comes at a time when despite being one of the countries in Europe with the most hours of sunshine, Spain has low levels of household solar installations.

“We want to really simplify the adoption of solar by customers. That means simplifying the experience using software and technology to create easier customer proposals, easier projects — like customers can see where the panels will fit at their home with 3D design, and see what their savings would be," Samara co-founder, Iván Cabezuela, remarked.

Samara’s co-founder, Manel Pujol, was quoted in a report, “In Spain there is a massive gap between the penetration you would expect from a country like Spain and some other countries in Europe."

It is reported that there were around 70,000 solar installations completed in Spain, while it has around 6 million households.