Backed by Leonardo DiCaprio, YC alum SolarMente wants to help democratize solar power in Spain
Mar 13, 2024
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Barcelona-based startup SolarMente, backed by Leonardo DiCaprio, aims to democratize solar power in Spain. They offer innovative solutions for widespread solar adoption in households and aim to reduce fossil fuel dependency and promote energy transition and EV adoption.
SolarMente aims to make solar power more accessible through subscription-based services in Spain.
DiCaprio's investment in SolarMente reflects a push for sustainability and innovation in solar technology.
Deep dives
Spain's Solar Energy Potential Yet to Be Fully Realized
Despite being one of the sunniest countries in Europe, Spain lags behind in solar energy generation compared to Germany and the Netherlands, partly due to past challenges like the sun tax. Startups like Solar Menté are now aiming to capitalize on this opportunity. By offering subscription-based energy management services without upfront costs, the company is making solar installations more accessible to homeowners. Solar Menté's strategic focus on individual houses instead of apartments, combined with services beyond solar panels like battery and EV chargers, positions it for significant growth in Spain.
Actor Leonardo DiCaprio's Investment in Solar Menté and Focus on Energy Management
Actor Leonardo DiCaprio recently invested in Solar Menté as part of a larger seed round to support its goal of democratizing solar energy in Spain. DiCaprio's interest aligns with his sustainability efforts and previous investments in green tech startups. Solar Menté's emphasis on energy management, highlighted by a new 'super app' to optimize energy consumption, demonstrates a forward-thinking approach to solar technology. The company's collaboration potential with other solar startups, such as Bright, suggests a broader impact on Spain's clean energy transition and potential for partnerships in the future.
Barcelona-based cleantech startup SolarMente recently added Leonardo DiCaprio to its cap table, hence becoming the actor's and activist's first investment in the country.