Memodo Gmbh & Co. Kg

Memodo Gmbh & Co. Kg is a wholesale distributor specializing in photovoltaic products and energy solutions, facilitating the transition to renewable energy through its extensive offerings and support resources. Founded in 2013, Memodo Gmbh & Co. Kg is headquartered in Munich, Germany, and focuses on the distribution of photovoltaic products.

The company was established by Daniel Schmitt and has maintained its core operations without significant pivots or changes. It has successfully closed one funding deal since its inception. Memodo specializes in the wholesale distribution of photovoltaic (PV) products and related energy solutions. Its core offerings include solar modules, energy storage systems, charging stations, heat pumps, and various accessories tailored for installers and contractors in the renewable energy sector.

The company supports its clients with educational resources, ensuring they are well-informed about the latest industry trends, and markets across several European countries, including Germany, Italy, the Czech Republic, and the Netherlands. In 2022, Memodo reported a revenue of USD 1. 00 bn and an EBITDA of USD 119. 33 mn.

The company operates on a B2B model, supplying essential products to businesses in the renewable energy sector. Clients benefit from competitive pricing and various shipping options, including free delivery for larger orders in Germany, focusing on reliable partnerships within the energy market. Memodo is exploring new product launches and expanding its market reach. Plans are in place to introduce additional energy solution products by the end of 2023.

The company is also targeting expansions into new European markets, with specific interest in the Scandinavian region. Funding from a 2013 investment by Baybg will support these initiatives, facilitating operational enhancements and broader distribution.