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Elvy

Provides solar subscription services in Sweden; raised €5.9M in May 2026 and appointed a former Klarna executive as chair.

Deep Tech
Solar subscriptions
Total Raised
$6M
Last Valuation
$39M
Headquarters
Sweden

Overview

Elvy operates a solar subscription platform in Sweden, offering access to solar-generated energy through a subscription-based model. The company focuses on customers in the Swedish energy market who prefer a service-oriented approach to solar procurement over traditional ownership models. Elvy's core differentiation is its subscription business model for solar delivery. In May 2026 the startup raised €5.9M (reported as $6M total raised across one round) and announced a Klarna veteran joining as chair, bringing payments and subscription expertise to its leadership as it scales locally.

Funding History

1 round · May 2026
$6M
Total Raised
1
Valuation: $39M
Cumulative: $6M

Swedish solar subscription startup Elvy lands €5.9M as Klarna veteran joins as chair

Investors not disclosed
Source

Frequently Asked Questions

How much has Elvy raised in total?
Elvy has raised a total of $6M across 1 funding round.
Who are Elvy's investors?
Elvy's investors include Undisclosed.
What does Elvy do?
Elvy operates a solar subscription platform in Sweden, offering access to solar-generated energy through a subscription-based model. The company focuses on customers in the Swedish energy market who prefer a service-oriented approach to solar procurement over traditional ownership models. Elvy's core differentiation is its subscription business model for solar delivery. In May 2026 the startup raised €5.9M (reported as $6M total raised across one round) and announced a Klarna veteran joining as chair, bringing payments and subscription expertise to its leadership as it scales locally.
Where is Elvy headquartered?
Elvy is headquartered in Sweden.