Sunly: Funding, Investors & Team (Sep 2026)
Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup. Sunly Infra is developing a full range of renewable energy projects, employing the knowledge of an accomplished team of experts to develop, construct and operate renewable energy power plants. In the Baltics, Sunly is exclusively developing and interested in solar power plants until 2020.
Sunly has raised $700M across 5 funding rounds on record, the most recent an undisclosed round of $67.7M announced in Mar 2025.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Sunly Company Profile and Key Stats
Latest funding round on record: Mar 2025.
Sunly Funding Rounds
Sunly raised $193M in an undisclosed round announced in Oct 2022.
8 months later, an undisclosed round of $32.3M was announced in Jun 2023.
8 months later, an undisclosed round of $71.1M was announced in Feb 2024.
6 months later, an undisclosed round of $336M was announced in Aug 2024.
7 months later, an undisclosed round of $67.7M was announced in Mar 2025.
Sunly Founders and Leadership Team
Contact details for the Sunly team: 1 of 1 has an email address on file.
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Sunly's latest round of $67.7M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Sunly Funding FAQs
What does Sunly do?
Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup. Sunly Infra is developing a full range of renewable energy projects, employing the knowledge of an accomplished team of experts to develop, construct and operate renewable energy power plants. In the Baltics, Sunly is exclusively developing and interested in solar power plants until 2020.
How much funding has Sunly raised?
Sunly has raised $700M across 5 rounds on record. The most recent is an undisclosed round of $67.7M announced in Mar 2025.
When did Sunly last raise funding?
Sunly's most recent funding round on record is an undisclosed round of $67.7M, announced in Mar 2025.
Who founded Sunly?
FundedIQ lists Priit Lepasepp (Founder) at Sunly.
Where is Sunly headquartered?
Sunly is based in Tallinn, Harjumaa, Estonia.
How many employees does Sunly have?
Sunly is in the 101-250 employee band.
How does Sunly's funding compare to other Energy startups?
Sunly's latest round of $67.7M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Sunly Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sunly is left off this page rather than filled in.
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