French-American rooftop solar platform Aether Energy, offering hardware, software, and financing solutions for property owners and installers, has secured $2.5 million in seed funding in a round led by noa. The funding will enable Aether to accelerate platform expansion and introduce a native solar design tool for Europe.
- Founded in 2023 by Shelby Bons and Zayne Sagar, Aether Energy develops a platform for rooftop solar installers. The solution provides accurate building measurements, user-friendly software for homeowners, and AI-powered automation to boost installer efficiency, as the startup says.
- Aether’s all-in-one platform unites hardware, software, and financing into a single, streamlined solution, replacing the numerous costly tools typically needed across the solar process, from pre-sales and design to engineering and home monitoring.
Details of the deal
- The seed round was led by noa, a London-based venture capital firm that supports tech startups across Europe.
“Aether’s platform revolutionizes the solar workflow end-to-end, massively reducing soft costs, saving both the installer and homeowner money. We’re excited to back such a strong team and a product that can have a real impact on solar’s uptake," investor at noa, Jess Clemans, commented.
- The investment round also saw participation from Y Combinator, Collaborative Fund, and Amino Capital, along with several business angels.
- With the capital raised, Aether aims to simplify the solar purchasing process through one-click compliant system purchases and to launch Aether Financing by 2025, providing installers with transparent financial options while scaling its software globally.
"We are working on rolling out our own solar financial product, Aether Financing, in select markets in 2025. Installers can offer this financial product to homeowners, enabling a non-deceptive sales process. It also gives us the chance to extend our technical stack into the post-sales workflow and the lifecycle of the building owner," Founder at Aether Energy, Zayne Sagar, stated.
