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High Tech Series A Founded 2018

Beem

Beem Energy manufactures residential solar panel kits and provides energy monitoring solutions for self-consumption, offering plug-and-play solar kits that can be installed by customers at home without professional installation. The company's product lineup includes Beem Kit (300W and 420W plug-and-play solar kits), Beem On (460W and 500W solar panels), solar batteries (Beem Battery for energy storage), rooftop…

📍 Roubaix, France · Smart Homes,

Funding snapshot

Last roundSeries A
Amount$32M
Date31 May 2023
Total raised$32M
Team size72

About

Beem Energy manufactures residential solar panel kits and provides energy monitoring solutions for self-consumption, offering plug-and-play solar kits that can be installed by customers at home without professional installation. The company's product lineup includes Beem Kit (300W and 420W plug-and-play solar kits), Beem On (460W and 500W solar panels), solar batteries (Beem Battery for energy storage), rooftop solar panels (Beem Roof for professional installation), electric vehicle chargers, and heat pumps (pompe a chaleur). Beem provides a smartphone app that monitors energy production and consumption in real-time, enabling customers to track their solar energy generation and optimize self-consumption. The company offers payment in 4 or 10 installments without fees, free shipping within 48 hours, and accessories including extension cables (5m, 10m, 20m) and angled connectors. Beem also serves professional customers including businesses, landlords, local governments, and agricultural operations, and offers reseller and installer partnership programs. The company differentiates itself through its plug-and-play approach making solar energy accessible to homeowners without complex installation, its comprehensive product ecosystem spanning solar generation, storage, EV charging, and heat pumps, and its focus on the French market with compliance with local regulations (recommending maximum 900W installed per electrical circuit for plug-and-play autoconsumption). Founded in 2018 and headquartered in Roubaix, France, Beem Energy has raised approximately $31.8 million in a Series A round backed by Bpifrance, Alter Equity, 360 Capital Partners, BNP Paribas Developpement, Cathay Innovation, Kima Ventures, Pays de la Loire Participations, and Cathay Capital.

Business model

Smart Homes > Energy and Utilities > Smart Solar Panels > Internet First Brands,

Renewable Energy Tech > Solar Energy > Smart Solar Generators

Team background

Company Wise > Google,

College Wise > Stanford University, Yale University

Institutional investors

Bpifrance Alter Equity 360 Capital Partners BNP Paribas Developpement Cathay Innovation Kima Ventures Pays de la Loire Participations Cathay Capital David Sloo

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