Soldera, an Estonian startup focused on automating the trading of renewable energy certificates in Europe, has raised €2.5 million in funding led by Lifeline Ventures. The round also saw participation from Skaala, Lemonade Stand, and more, ArcticStartup reports.
About Soldera
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Soldera offers an automated platform for managing and trading Guarantees of Origin (GOs) in the renewable energy sector. The platform reduces the administrative burden typically involved in tracking and selling GOs by automating processes such as certificate issuance, sales, and transactions.
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Soldera connects over 3,000 renewable energy producers, enabling efficient certificate transfers and helping maximize earnings through competitive offers.
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The system simplifies tasks like equipment registration and invoice generation, aiming to streamline the process for producers and ensure optimal pricing through a broad network of buyers.
“Guarantees of Origin verify renewable energy sources but traditionally create significant paperwork. Our AI-driven platform completely eliminates this administrative burden while delivering unprecedented market access and maximizing profits for producers. We automate everything — from issuance to sales — so producers simply set a strategy and we handle the rest, securing premium prices through our extensive network,” says Stenver Jerkku, Soldera’s CEO.
Investment details
The fresh round was led by Lifeline Ventures, and saw participation from Skaala, Lemonade Stand, and other undisclosed investors.
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Lifeline Ventures is a Helsinki-based early-stage VC that focuses on funding, sales, technology, strategy, and operations, with ticket sizes ranging from €100,000 to €2 million. Lifeline’s primary focus is on the sectors of healthcare, games, web based, and general high technology.
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Skaala is a Tallinn-based investment firm which focuses on long-term value creation through private equity, real assets, and impact-driven projects since 2005.
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Lemonade Stand is an early-stage tech investor supporting Baltic and East European founders with checks ranging from €50,000 to €300,000. Focused on B2B, the firm backs strong teams from pre-product to seed stage, helping ambitious entrepreneurs scale.
The new funding will support Soldera’s expansion, the onboarding of more energy producers, and further development of its technology.
