Solarstone produces a building‑integrated photovoltaic (BIPV) solar panel that functions as roofing material for residential and infrastructure construction. The company aims to standardise building‑integrated solar solutions across Europe to change how energy is generated in households. To date Solarstone has installed 7,000 solar roofs in eight countries. It raised €10 million to improve market efficiency, upgrade production and develop teams in Estonia and other strategic markets. Solarstone also plans to invest in software solutions to help construction stakeholders design and procure solar power plants more effectively. Founded by Mait Kukk, Mattis Jürimäe and CEO Silver Aednik, the company highlights smart technology and a proprietary hardware component to reduce material and production costs. Solarstone, based in Tartu, Estonia, produces building-integrated solar panels (BIPV) designed to blend architecturally with both modern and traditional tiled roofs. The company emphasizes combining traditional roofing materials with modern solar technology to deliver aesthetically appealing and efficient solutions. Solarstone has supplied integrated solar systems to over 100 buildings in Estonia. Its stated mission is to make BIPV panels as common a building material as concrete or wood. The company plans to expand into foreign markets, with a strong focus on Scandinavia and Germany, supported by recent investment. Pilot projects in neighboring countries have been well-received, bolstering confidence that the model can be replicated outside Estonia.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2022