Eltex — Seed (estimated) · €1.8M

Eltex, founded in 2021, closed its first institutional round of €1.8M led by Berlin-based Vireo Ventures with German climate fund Kopa Ventures, to build out its technology platform for residential electrification (solar, heat pumps, batteries, EV chargers) and expand its certified installer network. The company billed €10M in 2025 across 3,000 installations in Spain and 500 in Italy and aims to triple revenue in 2026.