CleanLight raises $3.2M in a debt deal

CleanLight, a Chilean startup that manufactures sustainability hardware, raised $3.2M from Re Royalties, a Canadian investment company focused on renewable energy.

The money will be used towards the company’s expansion in LatAm. 

“Working with the largest green investor of the world opens new doors to opportunities and strategic partnerships that will allow us to accelerate our mission of pushing forward the adoption of clean solar energy and to reduce the carbon footprint in the industry,” said Jordan Butler, CEO and Founder of CleanLight.

CleanLight manufactures and markets hardware technology that operates with clean energy, such as light poles and power generators that function with solar power.

CleanLight was founded in 2019, today has operations in Peru and the US, and revenues of $15M in the last four years combined. It already operates internationally.

Read more on Tekios

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