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TRINE
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Short description

Supporter of solar energy projects by raising crowdfunding to finance the projects, while also delivering a return on investment

Founded in 2015
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Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sweden Gothenburg, Sweden
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Updated by Cleantech Group on 08/19/2021

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Date Partner Type
Climate-KIC Climate-KIC
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Confirmed by Climate-KIC
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IPO INFORMATION

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Description

Date Investors Type Amount
06/28/2017 Gullspång Invest Gullspång Invest , Andrew Reicher Andrew Reicher , Lars Thunell Lars Thunell (3)
Post-money valuation of
€6 million. Trine will invest the funds in growing its platform’s capacity and scaling its operations and in East Africa and Europe. The company is particularly focused on energy projects in regions that are lacking access to energy.
Series A $6,822,138
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