Led · Series A · Oct 2018

Trende is an online renewable energy retailer based in Tokyo that sells electricity to residential customers through its Ashita Denki and Hot Denki websites. The company installs, operates and maintains solar panels on homeowners’ rooftops and shares cost savings with customers, who incur no upfront costs and immediately benefit from a lower energy tariff. At the end of the contract term Trende transfers ownership of the solar panels to the customer. Trende is a spinout and group company of Tokyo Electric Power Company Holdings, Inc., and is led by Tadatoshi Senoo and Jeffrey Char. The company closed a JPY 730m Series A to support growth and plans to use the funds to expand its technical team and build on early market success.