🏆 Deal of the Week · CW 9/2024
Enviria raised USD 200.6 million in a Series B round; the company's valuation was not disclosed. The round was led by BlackRock. The deal was recognised as Deal of the Week for KW 9/2024.
Enviria — key deal facts
| Company | Enviria |
| Founded | 2017 |
| Headquarters | Frankfurt am Main, Germany |
| Amount raised | USD 200.6M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Blackrock |
| Sectors | Renewable Energy |
Who invested in Enviria?
BlackRock was the sole disclosed investor in this Series B. The participation of one of the world's largest asset managers signals strong institutional conviction in the commercial and industrial solar sector. The backing is notable given BlackRock's scale and its growing allocation to energy-transition infrastructure.
What does Enviria do?
Enviria is a German solar company founded in 2017 by Melchior Schulze-Brock and headquartered in Frankfurt am Main. The company develops integrated energy solutions for commercial and industrial clients, combining photovoltaic systems, battery energy storage (BESS), EV charging infrastructure, and green electricity supply under one roof. Its platform plans, finances, implements, and operates these solutions from a single source, functioning as a full-service solar ecosystem. Since founding, Enviria has completed more than 500 commercial projects and serves businesses exclusively, with no residential offering.
Enviria valuation & multiples
No verified multiples data is available for this transaction, as neither revenue nor EBITDA figures have been publicly disclosed and the post-money valuation remains undisclosed. Comparable EV/Sales and EV/EBITDA ranges for commercial and industrial renewable energy companies can serve as a reference framework for relative positioning. Explore Venionaire DealMatrix's Renewable Energy sector multiples pages for relevant benchmark ranges.
Explore the benchmarks: Series B.
Frequently asked questions
How much did Enviria raise in its Series B?
Enviria raised USD 200.6 million in its Series B round, announced in KW 9/2024.
What is Enviria's valuation?
Enviria's valuation was not disclosed in connection with this Series B round.
Who invested in Enviria?
BlackRock was the disclosed investor in Enviria's Series B round.
When was Enviria founded and where is it based?
Enviria was founded in 2017 and is headquartered in Frankfurt am Main, Germany.
Source: original announcement — read the full report.