Reonic secures €13 Million in Series A Funding

SpinLab alumni Reonic has raised €13 million in a Series A funding round. The round was led by Northzone, with participation from existing investors Point Nine, Puzzle Ventures and several business angels. 

Supporting the Green Tech Movement

Reonic offers a digital platform that simplifies the installation process for renewable energy solutions like heat pumps and solar panels. By providing tools for project management, customer communication, and handling administrative tasks such as financing and permits, Reonic helps installers reduce complexities and improve efficiency, accelerating the deployment of sustainable energy technologies across Europe.

Expanding Across Europe

Founded in 2021 in Augsburg by Tristan Menzinger, Lars-Manuel Schneider, and Udo Sill, who met during their industrial engineering studies, the startup was established to help medium-sized installers manage the increasing complexities of the industry. Since its launch, the company has reached significant milestones, including tripling its revenue in the past six months.

In 2022, the founders participated in the SpinLab accelerator program, which further fueled their growth. Now, with a 20-member team and a second office in Berlin, they are gearing up for European expansion, starting with France.