Eltex Solar, SLU

Based in Spain, Eltex Solar, SLU specializes in solar energy solutions, offering products designed to enhance energy efficiency for residential and commercial clients. Eltex Solar, SLU, founded in 2021 and headquartered in Barcelona, Spain, focuses on providing solar energy solutions. The company’s most recent funding round, which took place in December 2025, raised EUR 1. 8 million, led by Vireo Ventures and involving Kopa Ventures.

Eltex has completed a single deal to date. Eltex specializes in providing integrated solar energy solutions, focusing on self-consumption efficiency. The company's primary offerings include high-efficiency photovoltaic solar panels, advanced heat pumps known as aerothermal systems, electric vehicle (EV) chargers, and energy storage batteries. These products are designed to optimize energy consumption and facilitate sustainable living for residential and commercial clients.

The photovoltaic panels convert sunlight into electricity, significantly reducing energy costs and environmental impact. Aerothermal systems provide heating and cooling, while batteries store excess energy generated during the day for use during periods of low solar output. Eltex serves a diverse customer base, including homeowners seeking to enhance energy efficiency, businesses looking for renewable energy solutions, and environmentally conscious consumers across various geographical markets, particularly in Europe. Eltex generates revenue through the direct sale of its products and services, focusing on a B2C model where clients engage directly with the company for their energy needs.

The transaction structure typically involves a straightforward purchase of equipment, such as solar panels and battery systems, supplemented by installation and maintenance services. Customers can request a free quote, which facilitates the assessment of potential savings and project viability. The pricing plans are tailored to meet the specific needs of clients, with costs reflecting the complexity and scale of installations. The company also offers incentives for referrals, further expanding its market reach and customer engagement.

Through these structured transactions, Eltex establishes a robust revenue stream while promoting sustainable energy solutions. In December 2025, Eltex Solar, SLU raised EUR 1. 8 million in venture funding to enhance its technology, boost operations, grow its installer network in Spain and Italy, and support European expansion. The company plans to introduce new products aimed at improving energy efficiency while targeting growth in additional European markets.