Berlin-based Bees & Bears is on a mission to make renewable power financing accessible to everybody. The local weather fintech has raised €5 million in seed funding from Extantia Capital and Contrarian Ventures, following a €2 million pre-seed spherical in 2024. This comes shortly after securing a landmark €500 million financing framework from a listed European financial institution, a primary for a European local weather fintech.
The funding spherical will fund Bees & Bears’ subsequent development section. The corporate plans to triple its crew, broaden into industrial and industrial markets, and launch in neighboring European nations to fulfill surging demand. The debt facility will finance end-customer purchases by means of native installers, whereas the fairness capital helps operational scaling and market growth.
Fixing the financing hole in Europe’s power transition
Regardless of rising enthusiasm for clear power, affordability stays a serious barrier. A 2024 KfW examine discovered that 40% of German households can’t afford local weather applied sciences with out instalment choices. Whereas massive digital platforms already present financing instruments, most of Europe’s tens of 1000’s of native installers, who perform nearly all of renewable initiatives, lack such digital capabilities.
Bees & Bears are bridging this hole. Its embedded-finance platform permits installers to supply prospects versatile cost choices straight throughout consultations, powered by real-time credit score checks. This removes the necessity for financial institution visits or paperwork, serving to households entry clear power sooner and extra affordably. For installers, it means unlocking new buyer segments and accelerating challenge completion with out cash-flow pressure.
Constructing Europe’s Main Local weather Finance Platform
Based in 2023 by Marius Schondelmaier and Jakob von Egidy, Bees & Bears now companions with a number of hundred specialist installers throughout Europe. By digitising and streamlining renewable financing, it’s redefining how clear power initiatives are offered and delivered on the native stage.
Bees & Bears’ purpose is to develop into Europe’s main embedded-finance platform for local weather applied sciences. By enabling reasonably priced instalment purchases for photo voltaic techniques, warmth pumps, and battery storage, the corporate is tackling one of the crucial neglected boundaries within the inexperienced transition: monetary accessibility.
“The power transition should not fail as a result of paperwork and financing obstacles,” stated Yair Reem, Companion at Extantia Capital. “Bees & Bears creates the urgently wanted infrastructure for households and installers – shortly, digitally, and reliably. That is how we convey local weather safety from paper to follow and allow sooner enlargement of renewables.”
Tomas Kemtys, Companion at Contrarian Ventures, provides: “Attaining net-zero by 2050 requires closing an annual funding hole of $2.5 trillion in inexperienced power. At the moment’s system is constrained by lack of standardisation, outdated danger fashions, and illiquid secondary markets. Bees & Bears straight addresses these structural hurdles, essentially modernising how capital flows into clear power.”
