It's now easy being green: Alven Capital pumps another €1 million into QuelleEnergie
Alven Capital had made an initial investment of €500K in QuelleEnergie in January 2010. The company founded in 2008 helped over 80K people become more energy efficient last year. The service is currently only available in France and the platform is stil only in French. Therefore, this round of funding will likely go to further developing QuelleEnergie’s offers in France – including reinforcing the company’s marketing efforts and increasing the number of installation partners to 1,200.
The French competitor of US-based EnergySavvy joins Entropysoft, HappyView.fr and Smallable as Alven Capital’s most recent investments. Alven has announced investments totaling to €6.5 million since the beginning of this year.