# Solar Investors Map 2026: 104 Investors Backing Solar Startups

> The 104 investors that have backed two or more solar startups worldwide, by kind: VC firms, government funds and private equity and asset managers and more.

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

## VC firms

59

- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [*AR* Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena)
- [Acumen](https://millionrounds.com/fund/acumen)
- [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy)
- [Techstars](https://millionrounds.com/fund/techstars)
- [*MC* Massachusetts Clean Energy Center](https://millionrounds.com/fund/massachusetts-clean-energy-center)
- [Innovate UK](https://millionrounds.com/fund/innovate-uk)
- [RockPort Capital](https://millionrounds.com/fund/rockport-capital)
- [Fifth Wall](https://millionrounds.com/fund/fifth-wall)
- [BNP Paribas](https://millionrounds.com/fund/bnp-paribas)
- [Elemental Impact](https://millionrounds.com/fund/elemental-impact)
- [NGEN Partners](https://millionrounds.com/fund/ngen-partners)
- [*CC* Convexa Capital Ventures](https://millionrounds.com/fund/convexa-capital-ventures)
- [Parkwalk](https://millionrounds.com/fund/parkwalk)
- [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy)
- [Coatue](https://millionrounds.com/fund/coatue-management)
- [UniCredit](https://millionrounds.com/fund/unicredit)
- [SJF Ventures](https://millionrounds.com/fund/sjf-ventures)
- [Ecosystem Integrity Fund](https://millionrounds.com/fund/ecosystem-integrity-fund)
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital)
- [*E* EISMEA](https://millionrounds.com/fund/eismea)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [Trinity Capital](https://millionrounds.com/fund/trinity-capital)
- [DFJ](https://millionrounds.com/fund/dfj)

+35 more

## Government funds

12

- [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy)
- [FMO](https://millionrounds.com/fund/fmo)
- [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc)
- [Bpifrance](https://millionrounds.com/fund/bpifrance)
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)
- [British International Investment](https://millionrounds.com/fund/british-international-investment-bii)
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator)
- [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- [California Energy Commission](https://millionrounds.com/fund/california-energy)
- [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi)
- [European Union](https://millionrounds.com/fund/european-union)
- [Firsthand Capital](https://millionrounds.com/fund/firsthand-capital)

## Private equity and asset managers

12

- [BlackRock](https://millionrounds.com/fund/blackrock)
- [Business Growth Fund](https://millionrounds.com/fund/bgf)
- [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada)
- [*TP* Technology Partners](https://millionrounds.com/fund/technology-partners)
- [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management)
- [CICC](https://millionrounds.com/fund/cicc)
- [TPG](https://millionrounds.com/fund/tpg)
- [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)
- [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus)
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [3i Group](https://millionrounds.com/fund/3i-group)
- [Mirova](https://millionrounds.com/fund/mirova)

## Corporate investors

8

- [Rabobank](https://millionrounds.com/fund/rabobank)
- [Societe Generale](https://millionrounds.com/fund/societe-generale-2)
- [Applied Ventures](https://millionrounds.com/fund/applied-ventures)
- [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures)
- [GE Ventures](https://millionrounds.com/fund/ge-ventures)
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)
- [Presidio Ventures](https://millionrounds.com/fund/presidio-ventures)
- [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures)

## Accelerators

7

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Cleantech Open](https://millionrounds.com/fund/cleantech-open)
- [MassChallenge](https://millionrounds.com/fund/masschallenge)
- [Google for Startups](https://millionrounds.com/fund/google-for-startups)
- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab)
- [In-Q-Tel](https://millionrounds.com/fund/iqt)
- [Venture Kick](https://millionrounds.com/fund/venture-kick)

## Growth funds

6

- [HSBC](https://millionrounds.com/fund/hsbc)
- [*HC* Hudson Clean Energy Partners](https://millionrounds.com/fund/hudson-clean-energy-partners)
- [ING Group](https://millionrounds.com/fund/ing-group)
- [*MC* Masdar Clean Tech Fund](https://millionrounds.com/fund/masdar-clean-tech-fund)
- [*AV* Apex Venture Partners](https://millionrounds.com/fund/apex-ventures-2)
- [*MV* Mitsui Ventures](https://millionrounds.com/fund/mitsui-ventures)

## Segment by segment

### VC firms

59 investors

- [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 7 backed
- [*AR* **Australian Renewable Energy Agency (ARENA)**](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Investment firm Australia 7 backed
- [**Acumen**](https://millionrounds.com/fund/acumen) VC firm United States 6 backed
- [**EIT InnoEnergy**](https://millionrounds.com/fund/innoenergy) VC firm Netherlands 6 backed
- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 6 backed
- [*MC* **Massachusetts Clean Energy Center**](https://millionrounds.com/fund/massachusetts-clean-energy-center) VC firm United States 4 backed
- [**Innovate UK**](https://millionrounds.com/fund/innovate-uk) VC firm United Kingdom 4 backed
- [**RockPort Capital**](https://millionrounds.com/fund/rockport-capital) VC firm United States 4 backed

### Government funds

12 investors

- [**US Department of Energy**](https://millionrounds.com/fund/u-s-department-of-energy) Government fund United States 13 backed
- [**FMO**](https://millionrounds.com/fund/fmo) Government fund Netherlands 9 backed
- [**International Finance Corporation**](https://millionrounds.com/fund/international-finance-corporation-ifc) Government fund United States 8 backed
- [**Bpifrance**](https://millionrounds.com/fund/bpifrance) Government fund France 7 backed
- [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 5 backed
- [**British International Investment**](https://millionrounds.com/fund/british-international-investment-bii) Government fund United Kingdom 5 backed
- [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 5 backed
- [**European Investment Bank**](https://millionrounds.com/fund/european-investment-bank) Government fund Luxembourg 4 backed

### Private equity and asset managers

12 investors

- [**BlackRock**](https://millionrounds.com/fund/blackrock) Asset manager United States 4 backed
- [**Business Growth Fund**](https://millionrounds.com/fund/bgf) Private equity United Kingdom 3 backed
- [**National Bank of Canada**](https://millionrounds.com/fund/national-bank-of-canada) Private equity Canada 3 backed
- [*TP* **Technology Partners**](https://millionrounds.com/fund/technology-partners) Hedge fund United States 3 backed
- [**Morgan Stanley Investment Management**](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity United States 2 backed
- [**CICC**](https://millionrounds.com/fund/cicc) Investment bank China 2 backed
- [**TPG**](https://millionrounds.com/fund/tpg) Private equity United States 2 backed
- [**Franklin Templeton**](https://millionrounds.com/fund/franklin-templeton) Private equity United States 2 backed

### Corporate investors

8 investors

- [**Rabobank**](https://millionrounds.com/fund/rabobank) Corporate investor Netherlands 5 backed
- [**Societe Generale**](https://millionrounds.com/fund/societe-generale-2) Corporate investor France 3 backed
- [**Applied Ventures**](https://millionrounds.com/fund/applied-ventures) Corporate investor United States 3 backed
- [**Barclays Ventures**](https://millionrounds.com/fund/barclays-ventures) Corporate investor United Kingdom 2 backed
- [**GE Ventures**](https://millionrounds.com/fund/ge-ventures) Corporate investor United States 2 backed
- [**Deutsche Bank**](https://millionrounds.com/fund/deutsche-bank) Corporate investor Germany 2 backed
- [**Presidio Ventures**](https://millionrounds.com/fund/presidio-ventures) Corporate investor United States 2 backed
- [**Aramco Ventures**](https://millionrounds.com/fund/aramco-ventures) Corporate investor Saudi Arabia 2 backed

### Accelerators

7 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 9 backed
- [**Cleantech Open**](https://millionrounds.com/fund/cleantech-open) Accelerator United States 4 backed
- [**MassChallenge**](https://millionrounds.com/fund/masschallenge) Accelerator United States 3 backed
- [**Google for Startups**](https://millionrounds.com/fund/google-for-startups) Accelerator United States 3 backed
- [**Creative Destruction Lab**](https://millionrounds.com/fund/creative-destruction-lab) Accelerator Canada 2 backed
- [**In-Q-Tel**](https://millionrounds.com/fund/iqt) Accelerator United States 2 backed
- [**Venture Kick**](https://millionrounds.com/fund/venture-kick) Accelerator Switzerland 2 backed

### Growth funds

6 investors

- [**HSBC**](https://millionrounds.com/fund/hsbc) Growth fund United Kingdom 5 backed
- [*HC* **Hudson Clean Energy Partners**](https://millionrounds.com/fund/hudson-clean-energy-partners) Growth fund - 4 backed
- [**ING Group**](https://millionrounds.com/fund/ing-group) Growth fund Indonesia 3 backed
- [*MC* **Masdar Clean Tech Fund**](https://millionrounds.com/fund/masdar-clean-tech-fund) Growth fund - 2 backed
- [*AV* **Apex Venture Partners**](https://millionrounds.com/fund/apex-ventures-2) Growth fund United States 2 backed
- [*MV* **Mitsui Ventures**](https://millionrounds.com/fund/mitsui-ventures) Growth fund - 2 backed

**How this map is made.** Every investor here has backed two or more startups on our solar map, in rounds we track. Grouped by the kind of investor, each ranked by how many of these companies it has backed. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Solar market map** 367 startups · 6 segments · $35B](https://millionrounds.com/market-maps/solar-market-map)[New wave **New solar startups, founded 2020 on** 66 startups · 5 segments · $3.3B](https://millionrounds.com/market-maps/new-solar-startups-market-map)[Raised in 2026 **Solar startups that raised in 2026** 46 startups · 5 segments · $15B](https://millionrounds.com/market-maps/solar-raised-2026-market-map)[Market map · United States **Solar market map: United States** 158 startups · 6 segments · $21B](https://millionrounds.com/market-maps/solar-united-states-market-map)[Market map · Europe **Solar market map: Europe** 109 startups · 6 segments · $7.3B](https://millionrounds.com/market-maps/solar-europe-market-map)[Market map · United Kingdom **Solar market map: United Kingdom** 28 startups · 6 segments · $1.4B](https://millionrounds.com/market-maps/solar-united-kingdom-market-map)

## Who backs solar?

Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)
