Eltex

www.eltex.es ↗ ·Barcelona ·Seed

Eltex is a Barcelona-based residential electrification company that sells and installs solar panels, heat pumps (aerotermia), home batteries and EV chargers, operating an end-to-end platform covering lead qualification, feasibility studies, pricing, financing, logistics and a network of certified installers. Founded in 2021 by Belgian entrepreneur Charles Deknudt (with co-founder Edrit Salijaj running the Belgian entity), it bootstrapped to roughly €10M revenue in 2025, became the first authorised Starlink installer in Spain, and closed its first institutional round of €1.8M in December 2025 led by German climate funds Vireo Ventures and kopa ventures, targeting €30M revenue in 2026 and expansion into Italy and Poland. The operating entity Eltex Solar SL filed for concurso de acreedores (Spanish insolvency) in mid-2026, with the workforce laid off and activity halted. An October 2024 acquisition by SolarMente was announced but never completed, and SolarMente itself entered insolvency in 2026.

Founded

2021

Founders

Total funds raised

€1.8M

SectorsEnergy & Climate, Cleantech, Solar & Residential Electrification, Home Services Start-up MapEnergy & Climate › Residential energy transition

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Founders

Charles Deknudt

Co-founder & CEO

Edrit Salijaj

Co-founder (CEO, Belgium)

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