German solar startup MARCLEY scores over €4M

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Greentech startup MARCLEY from Hannover has raised a latest financing round of over €4M. The round was led by investors Virida Capital, a new energy-hardware VC (part of the Green Giraffe Group), the Munich-based VC Venture Stars, as well as business angels including Emma Tracey and Florian Bennhold.

Previous investors, such as the Hannover-based fund managed by Enjoy Ventures and the investor Climate Founders, also participated in this round. Additionally, the MBG and banks expanded this round with financial resources. MARCLEY offers owners of multi-family homes a solar solution that allows residents to benefit from green electricity, which is even much cheaper than any other provider. “This funding will enable us to expand our pioneering status in communal building supply. This will allow us to provide residents of multi-family homes with solar power from their own roofs more quickly and reduce their annual electricity costs by…

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