Southern Ligths Closes Round with Nordic VC Funds, raises 1.6 M€ in the Nordics to digitize the green hydrogen space.
Southern Lights, a climate-tech software startup based in Stockholm, Sweden, announced today that it has raised €1.6 million in funding to digitize the green hydrogen sector.
The funding round was led by Finland’s Greencode Ventures, with participation from Germany’s WEPA Ventures and Sweden’s Bling Capital plus several angel investors from Sweden.
Southern Lights’ software platform provides a comprehensive suite of tools that streamline and optimize the development of green hydrogen projects, making it easier for energy companies to plan, finance, and execute these projects.
The company has a proven track record of success, with customers in more than ten countries including Europe, USA and LATAM. Southern Lights’ software has helped energy companies to save time, money, and resources in the development of their green hydrogen projects.
Felipe Gallardo, CEO and cofounder of Southern Lights commented:
We are excited to close this funding round and to partner with such a strong group of investors. This funding will allow us to accelerate the development of our platform and to bring it to more energy companies worldwide.
Ines Bergmann-Nolting, Managing Partner at Greencode Ventures, leading the round said:
We are thrilled to lead Southern Lights´ funding round. Hydrogen has a great potential to electrify heavy industries, which is crucial for the green transition.
“Southern Lights´ solution is uniquely positioned to accelerate the adoption of hydrogen and become the digital layer across the value chain.”
READ the latest news shaping the hydrogen market at Hydrogen Central
Southern Ligths Closes Round with Nordic VC Funds, raises 1.6 M€ in the Nordics to digitize the green hydrogen space.
