# SAEL funding: rounds and investors

> SAEL has raised $20M across 1 round since 2025. Investors include Societe Generale. Every round with its source.

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

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

# Who invested in *SAEL*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $20M Oct 2025
- **Investors:** 1

See who backed them

## The rounds

- **Oct 2025** Debt **$20M** [Societe Generale](https://millionrounds.com/fund/societe-generale-2) Source recorded

## Founders and team

From SAEL's own website: 15 on the team.

- **Laxit Awla** Executive Director and Chief Executive Officer
- **Yogesh Mahajan** Vice President - Procurement
- **Dushyant Kumar** CFO
- **Khalid Nadeem** COO, Solar Business
- **Sylvia Seth** VP, Finance & Strategy
- **Archana Capoor** Independent Director
- **Ashok Lavasa** Independent Director
- **Bjørnar Baugerud** Nominee Director
- **Harbhajan Singh** Independent Director
- **Hemant Sahai** Independent Director
- **Jasbir Singh** Managing Director and Chairperson
- **Kewal Handa** Independent Director
- **Puneet Upneja** General Counsel - Legal
- **Sukhbir Singh** Non-Executive Director
- **Øistein Magnar Andresen** Nominee Director

## Everyone who backed them

[Societe Generale](https://millionrounds.com/fund/societe-generale-2) Corporate VC **1** round

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

## Quick answers about SAEL

### Who invested in SAEL?

SAEL's investors include Societe Generale.

### How much has SAEL raised?

SAEL has raised $20M across 1 round since 2025.

### When did SAEL last raise?

SAEL's most recent round was a Debt of $20M in Oct 2025.

### What was SAEL's biggest round?

Its most recent round, $20M in Oct 2025, is also its largest on record.

### Who backed SAEL first?

SAEL's first round on record, in Oct 2025, was backed by Societe Generale.

### What stage is SAEL at?

SAEL's latest named round is a Debt, in Oct 2025.

## Companies like SAEL

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

[**os.energy** $1.2M · Aug 2026](https://millionrounds.com/company/os-energy)[**CleanMax** $165M · Feb 2026](https://millionrounds.com/company/cleanmax)[**Radiance Renewables** $100M · Feb 2026](https://millionrounds.com/company/radiance-renewables)[**Turno** $4.7M · Feb 2026](https://millionrounds.com/company/turno)[**e-TRNL Energy** $3.0M · Feb 2026](https://millionrounds.com/company/e-trnl-energy)[**PolyCycl** $2.9M · Jan 2026](https://millionrounds.com/company/polycycl)

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