Abora Solar

abora-solar.com ↗ ·Zaragoza ·Seed

Abora Solar is a Spanish deeptech manufacturer of hybrid photovoltaic-thermal (PVT) solar panels, marketed under its patented aHTech technology, which generate electricity and hot water from the same panel and hold a Solar Keymark-certified efficiency of up to ~89%, among the highest on the market. Founded in 2017 in La Muela (Zaragoza) out of CEO Alejandro del Amo's doctoral thesis at the University of Zaragoza, it sells to residential, commercial and industrial buildings with high hot-water demand and has installed panels in more than 35 countries. Funding has come mainly from EU innovation grants (EIC Fund, EIT InnoEnergy), a €2.64M capital increase closed at the end of 2023, and a €110,900 sustainable-loan crowdfunding round on Bolsa Social.

Founded

2017

Founders

Total funds raised

€3.8M

SectorsEnergy & Climate, Deeptech & Hardware, Renewable Energy, Solar, Cleantech, Manufacturing Start-up MapEnergy & Climate › Clean energy generation hardware

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Founders

Alejandro del Amo

CEO & Founder

Fernando Pérez

Co-founder

Marta Cañada

Co-founder

Ricardo Lara

Co-founder

Vicente Zárate

Co-founder

Global models 4

Naked Energy

United Kingdom · www.nakedenergy.com ↗

Makes and sells hybrid solar collectors (Virtu PVT) that produce both electricity and heat for commercial and industrial buildings with high hot-water demand.

~$30MComparable

DualSun

France · www.dualsun.com ↗

Makes hybrid PV-thermal panels that generate electricity and hot water from one module and sells them through installers to homes and businesses.

~$25MComparable

Sunmaxx PVT

Germany · sunmaxx-pvt.com ↗

Makes high-efficiency PVT modules that combine solar power and heat, aimed at buildings and heat-pump systems, which is Abora's hybrid-panel model.

~$10MComparable

SunDrum Solar

United States · sundrumsolar.com ↗

Sells hybrid PVT solar systems that capture heat from PV panels for hot water in residential and commercial buildings.

~$5MComparable

In the same niche 28 others

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Notes: Most funded first

Investors 3

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Fondo Bolsa Social

www.bolsasocial.com

Venture Debt 2024 Spain

Funding rounds 3

Date	Round	Amount	Lead
2024-11-26	Venture Debt	€111K	Lead not disclosed +1 more
2024-05-13	Seed (estimated)	€2.64M	Lead not disclosed
2019-07	Seed	approximately €1M	Lead not disclosed

News 3

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Published	Article
2024-11-26	Abora Solar cierra una ronda de financiación de 110.900 euros para potenciar sus paneles solares híbridos ↗ El Referente 2024-11-26
2024-05-13	Abora Solar cierra una ampliación de capital de 2,64 millones para su expansión internacional ↗ pv magazine España 2024-05-13
2023-11-28	Abora-solar se marca el objetivo de fabricar 200.000 paneles híbridos anuales ↗ Energías Renovables 2023-11-28