feld.energy, a pioneer in the agricultural photovoltaics (Agri-PV) sector, has raised over €10 million in a seed funding round. The investment, led by HV Capital with participation from Future Energy Ventures, AENU, and Angel Invest, is set to significantly accelerate the company's growth as Germany seeks new sources of renewable energy.
The company's innovative solution offers farmers a simple way to combine food production with solar power generation. This "dual-use" model creates a valuable additional revenue stream for farmers, providing them with more stable income while contributing to a stronger agricultural sector and the country's energy transition. "Agri-PV brilliantly addresses the growing land competition for food and energy production," said Jan Palasinski, Partner at Future Energy Ventures, offering a "win-win" for all involved.
"We believe feld.energy has the potential to redefine how agriculture contributes to the energy transition," said David Kuczek, General Partner at HV Capital. "Feld.energy is leading the charge in the fast-growing Agri-PV market," said Philip Specht, Partner at AENU, remarking that the company is "transforming agricultural land into hybrid powerhouses that blend energy generation and farming."
With the new funding, feld.energy plans to expand its operational capacity and build out its team to meet growing demand.
The company's long-term vision is to establish dual-use farmland as the new standard, benefiting both farmers and the planet.
