Solfium, a company that provides integrated solar energy solutions, has raised the initial $7 million equity investment in its $10 million Series A funding round.
The funding was led by Accion and ALIVE Ventures, with participation from Kamay Ventures.
Through partnerships with financial institutions, Solfium offers financing options, helping to increase solar adoption for large businesses and micro, small, and medium-sized enterprises.
Solfium has developed a technology platform that integrates solar energy and complementary technologies such as energy management systems, battery storage, electric vehicle chargers, and predictive maintenance solutions, and connects suppliers, distributors, employees, and corporate facilities within an ecosystem.
With this new funding, the company plans to reach businesses, including underserved owner-managed operations, which will benefit from financial inclusion initiatives powered by its technological stack and partnerships with financing partners.
This initial investment marks the first stage of multi-stage financing. Back in 2023, the company raised $3 million in seed funding at the Bolsa Institucional de Valores (BIVA), Mexico’s second-largest stock exchange, focused on technology and supported by Nasdaq.
John Fischer, Chief Investment Officer at Accion, said: “By connecting small business owners to the necessary financing for clean solar power, Solfium is filling a critical gap in Mexico’s energy market. With Solfium, entrepreneurs can weather power outages, stay open longer, and continue to generate income, all while reducing emissions and supporting Mexico’s transition to a more sustainable energy source.”
According to Mercom’s 9M and Q3 2025 Solar Funding and M&A report, in 9M 2025, VC funding activity decreased 17% YoY, with $2.9 billion raised in 55 deals compared to the $3.5 billion raised in 39 deals in 9M 2024. Solar downstream companies led financing activity with 40 deals worth $2.5 billion in 9M 2025.
In March, Terabase Energy, a digital solutions provider for solar power plants, received $130 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors. This round brings the company’s total funding to over $200 million.
