# CleanMax Solar funding: rounds and investors

> CleanMax Solar has raised $54M across 2 rounds since 2017. Investors include International Finance Corporation and UK Climate Investments LLP.

Source: https://millionrounds.com/company/cleanmax-solar (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *CleanMax Solar*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$54M** raised across 2 rounds since 2017, from 2 sources

**$15M** Round **$39M** Round

- **Latest round:** Round, $39M Apr 2019
- **Step-up i:** 2.6×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$15M** Round

**$39M** Round

- **First round:** Round, $15M
- **Biggest round:** $39M
- **Between rounds:** 17 months

## The rounds

- **Apr 2019** Round **$39M** *1 new* UK Climate Investments LLP Reported by Livemint
- **Nov 2017** Round **$15M** *1 new* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Reported by Livemint

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2017 **Round** 2019 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) UK Climate Investments LLP

## Everyone who backed them

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round

UK Climate Investments LLP no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cleanmax-solar).

## Quick answers about CleanMax Solar

### Who invested in CleanMax Solar?

CleanMax Solar's investors include International Finance Corporation and UK Climate Investments LLP.

### How much has CleanMax Solar raised?

CleanMax Solar has raised $54M across 2 rounds since 2017.

### When did CleanMax Solar last raise?

CleanMax Solar's most recent round was an Undisclosed round of $39M in Apr 2019.

### What was CleanMax Solar's biggest round?

Its most recent round, $39M in Apr 2019, is also its largest on record.

### Who backed CleanMax Solar first?

CleanMax Solar's first round on record, in Nov 2017, was backed by International Finance Corporation.

### What stage is CleanMax Solar at?

CleanMax Solar's latest named round is an Undisclosed round, in Apr 2019.

### Where is CleanMax Solar based?

CleanMax Solar is based in India.

## Companies like CleanMax Solar

In the same sector, and raised in the last eighteen months.

[**Greenzo Energy** $15M · Oct 2026](https://millionrounds.com/company/greenzo-energy)[**Navitas Solar** $20M · Oct 2026](https://millionrounds.com/company/navitas-solar)[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Ionage** $1.3M · Oct 2026](https://millionrounds.com/company/ionage)[**Ultraviolette Automotive** $39M · Sept 2026](https://millionrounds.com/company/ultraviolette-automotive)[**Ather Energy** $245M · Jul 2026](https://millionrounds.com/company/ather-energy)

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