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Otovo

Free solar panel installation

Oslo, NorwayFounded 2016www.otovo.no
Total raised
€282M
€282,150,000
Funding rounds
9
Investors
13
distinct backers
Active since
2016-01
latest 2023-11

Funding by year

EUR raised per year

Signals

High confidence
Raise-next likelihood19
base rate 30% for Other
  • Overdue vs cohort gap
  • Down/flat last round
  • Low backer re-investment
Exit likelihood28
base rate 12% (2+ rounds)
  • 9 rounds raised
  • €100M+ raised
  • 10y since founding

Timing: overdue vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

9 rounds
DateStageAmountInvestors
2023-11-13Other€40MÅ Energy,Axel Johnson Group,NysnøView deal →
2023-01-25Other€20MAgder Energi Invest,AxSol,Nysnø Klimainvesteringer,OBOSView deal →
2023-01-25Debt€100MDNB,SpareBank 1View deal →
2022-02-22Other€30MAxel JohnsonView deal →
2019-10-01Other€18MAxel JohnsonView deal →
2018-11-08Other€11MKLP Liv,NysnøView deal →
2017-07-28Other€61MAkershus Energi,OBOSView deal →
2016-09-01Series A€2.3MAgder Energi VentureView deal →
2016-02-01Seed€850kView deal →