Clever Solar Devices secures €230k from Adolfo Martínez, Soria Futuro and Sodical

Spain Investments 18 November 2020
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Clever Solar Devices, a Soria, Spain tech developer for the photovoltaic solar plants, announced raising a seed funding round of €230k ($272k)

The money was raised from local investors from Spain, including Sodical, Soria Futuro and Adolfo Martinez. Proceeds will be used to accelerate its commercial expansion plan with the gradual introduction into the national and European market, after a first phase with positive results.

Clever Solar Devices, founded in 2019 by CEO Mansoor Hamayun and Bhishma Hernandez, aims to develop technologies for digital transformation and optimization of the maintenance of photovoltaic solar plants through an instantaneous monitoring of the performance of the facilities. With the entity's proposal, it is expected to help companies in this sector to be more competitive and improve the quality of energy production.