Meet Xurya! This Indonesian startup allows companies to start using solar energy — without the major upfront cost. They've just raised additional funds, which brings their Series A to $33M!

• They have 60 customers, including Ciputra Group and Traveloka.
• Indonesia's Ministry of Energy and Mineral Resources targets new and renewable energy to hit 23% by 2025.

Investor check. The additional funds came from Mitsui and SSIA.

• They raised an initial $21.5M Series A in December 2021 led by East Ventures and Saratoga Investama.

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🤑 Money matters

While solar power can save money and is great for the environment, you'll have to spend tons before you get any benefits! (So yup, a lot of companies wouldn't even bother...)

To counter that, Xurya has affordable and flexible payment plans to let anyone shift to solar power:

• Xurya Lease: monthly installments.
• Xurya Flexi: choose to pay a certain amount upfront and pay the rest in installments.

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😎 All you need

Apart from making the shift to solar more affordable, they're also a one-stop solution for all things solar power. They'll help you design, set up, operate and maintain solar power systems.

• They mainly build rooftop solar power systems.

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💰 What's with the $$$?

They'll be doubling down on constructing more rootftop solar power systems, improving their tech and growing their team.