Norway-based smart energy provider Tibber has raised $100 million in a Series C financing round led by Europe’s largest impact fund, Summa Equity. Offering consumers not only access to renewable energy supplies but a host of smart home devices to keep tabs on it, Tibber’s new funding is slated to significantly bolster the product offering lineup, with the ultimate goal of driving ‘smart’ up and fossil fuel dependences down. To date, Tibber has raised a total of $181.5 million in a mix of equity and debt funding.
As you might recall, in late January Certified B corporation Summa Equity came charging out of the gates with a massive €2.3 billion in hand, with the pledge of supporting startups that fall inline with the UN’s Sustainable Development Goals.
Well, it hasn’t taken the Stockholm-based firm to make good on this promise, as last week we broke the news that they’d acquired Belgium’s financial crime fighter Intix, and now, have led a $100 million investment round into Norwegian smart energy supplier Tibber.