Indonesian clean energy company Suryanesia today announced the close of a $2 million funding round led by Intudo Ventures, with participation from a number of angel investors including management, a private equity firm, and the head of a sovereign wealth fund.
Established in August 2021, Suryanesia provides commercial and industrial customers with access to renewable energy. With solar-as-a-service solutions, Suryanesia Finance installs, operates and maintains solar systems on the rooftops of its customers, and the resulting clean energy helps customers save on electricity bills and reduce their carbon footprint. With no prior customer investment, Suryanesia experienced strong demand across all industries.
The Surasia team strives to provide a seamless customer experience by providing end-to-end services including customer training, engineering management and controls to ensure energy efficiency and customer peace of mind. The team performs a robust structural analysis and makes recommendations to ensure the client's building is safe for solar panel installation.
Solar as a service has strong appeal to customers with large roof areas and high electricity consumption - such as Suryasian customers, shopping malls and manufacturers of FMCG, textiles, pharmaceuticals, plastics, industrial equipment and household appliances - for as little as $20,000 to $50,000 per year. He can save. The solution is also attractive to multinational companies and the public looking to offload to achieve sustainability goals.
Surasia is led by a team of experienced and passionate climate change experts. Rheza Adhihusada (CEO) was previously a strategy consultant at Bain & Company, where he was driven to help fight climate change through philanthropic and renewable energy projects. He is joined by Nikesh Shamdasani (Head of Engineering), who has deep technical expertise, having installed 17MW solar power systems across Indonesia, and Grant Adsit (Head of Business Development), formerly Head of Marketing at Collier. , where he works. Advise companies in their real estate strategy.
"Our mission is to empower consumers, businesses and governments to use new technologies and solutions to combat climate change," said Rheza Adhihusada, Founder and CEO of Surasia. We hope to help our customers save and go green, accelerating Indonesia's transition to renewable energy. »
With this funding round, Suryanesia plans to expand its team to accelerate marketing efforts and project completion. In addition to its commercial and industrial offerings, the company has long-term plans to expand into residential and self-contained solar power (wind power, battery storage, etc.) to fully meet the world's growing renewable energy needs. 'Indonesia.
“We believe that Indonesia will become a driver of decarbonization in the coming decades. Surinesia's solar-as-a-service offering will help commercial and industrial players reduce their carbon footprint while increasing their profitability. We look forward to joining the Suriname team in this their mission and efforts to create a greener Indonesia," said Entudo Ventures Founding Partner Patrick Yip.
This round is the first round of foreign funding for Suryanesia.
About Suryanesia
Suryanesia is a clean energy startup whose vision is to reduce greenhouse gas emissions so that everyone can live sustainably and in harmony with nature. Our mission is to empower consumers, businesses and governments to use innovation to tackle climate change.
In the first phase, we will focus on providing solar energy to commercial and industrial customers in Indonesia. We intend to expand into other types of renewable energy, market segments, and regions in the near future.
For more information, visit www.suryanesia.com or find us on Instagram and LinkedIn.
About Entudo Ventures
Entudo Ventures is an “Indonesia only” independent venture capital firm with a capital/focused portfolio approach of over US$230 million, capitalizing on Indonesia's rapidly growing private consumption and growing middle class. The company serves as Indonesia's offshore strategy lead for dozens of leading institutions, funds and family offices in the United States, Europe and Asia, and supports the digital transformation strategies of dozens of Indonesian conglomerates.
The company invests globally in Indonesian companies led by Pulcam CA Eli and local founders in agriculture, B2B and enterprise, education, finance and insurance, health and security, logistics, retail and entertainment. Entudo's portfolio of companies includes Xendit, Pintu, Pinhome, Halodoc, Kargo, PasarPolis, Yummy Corp., Nalagenetics and many more.
Visit https://intudovc.com/ for more information.
