Sunseap Group Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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600
- Latest Deal Type
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M&A
- Latest Deal Amount
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$817M
Sunseap Group General Information
Description
Developer of a technology intended to offer clean energy services. The company's technology offers grid-connected photovoltaic power plants and provides a one-stop integrated holistic service that includes project financing, design, installation and maintenance services, thus providing businesses with benefits for using clean energy services.
Contact Information
Website
www.sunseap.comCorporate Office
- Harbourside 2, 2 Boon Leat Terrace
- Suite 03-04, 04-03 and 04-04
- Singapore, 119844
- Singapore
Corporate Office
- Harbourside 2, 2 Boon Leat Terrace
- Suite 03-04, 04-03 and 04-04
- Singapore, 119844
- Singapore
Sunseap Group Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 24-Feb-2022 | $817M | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series E) | 19-Mar-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 14-Feb-2020 | Completed | Generating Revenue | |||
| 8. Debt - General | 20-Jun-2019 | Completed | Generating Revenue | |||
| 7. Debt - General | 01-Apr-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 19-Sep-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 01-Aug-2017 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 02-May-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 05-Aug-2015 | $56.5M | $97.5M | Completed | Generating Revenue | |
| 2. Debt - General | 01-Jan-2013 | $40.9M | $40.9M | Completed | Generating Revenue |
Sunseap Group Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D | ||||||||
| Series C | 683,107 | $93.73 | $93.73 | 1x | $93.73 | 17.66% |
Sunseap Group Comparisons
Industry
Financing
Details
Sunseap Group Competitors (2)
One of Sunseap Group’s 2 competitors is Oolu, a Formerly VC-backed company based in Dakar, Senegal.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Oolu | Formerly VC-backed | Dakar, Senegal | ||||
| LYS Energy | Corporate Backed or Acquired | Singapore, Singapore |
Sunseap Group Related Research & Analysis
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Sunseap Group Signals
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Majestic Referring Domains
Sunseap Group Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABC Impact | PE/Buyout | Minority | ||
| Banpu | Corporation | Minority | ||
| Chow Tai Fook Enterprises | Family Office | Minority | ||
| Dutco Group | Holding Company | Minority | ||
| Enspire Capital | Venture Capital | Minority |
Sunseap Group Investments & Acquisitions (7)
Sunseap Group’s most recent deal was a Merger/Acquisition with Right People Renewable Energy. The deal was made on 31-Oct-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Right People Renewable Energy | 31-Oct-2022 | Merger/Acquisition | Other Commercial Services | ||
| RL Sunseap Energy | 28-Apr-2022 | Joint Venture | Energy Production | ||
| Sun Trinity | 24-Jan-2022 | Joint Venture | Energy Production | ||
| Electricity Exports (Sunseap Group / Tenaga Nasional Berhad) | 02-Mar-2021 | Joint Venture | Other Commercial Services | ||
| PowerSource First Bulacan Solar | 14-Nov-2019 | Joint Venture | Energy Production |
Sunseap Group Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Right People Renewable Energy | Singapore, Singapore | 2017 |
Sunseap Group FAQs
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When was Sunseap Group founded?
Sunseap Group was founded in 2011.
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Where is Sunseap Group headquartered?
Sunseap Group is headquartered in Singapore, Singapore.
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What is the size of Sunseap Group?
Sunseap Group has 600 total employees.
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What industry is Sunseap Group in?
Sunseap Group’s primary industry is Energy Infrastructure.
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Is Sunseap Group a private or public company?
Sunseap Group is a Private company.
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What is the current valuation of Sunseap Group?
The current valuation of Sunseap Group is .
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What is Sunseap Group’s current revenue?
The current revenue for Sunseap Group is .
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How much funding has Sunseap Group raised over time?
Sunseap Group has raised $454M.
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Who are Sunseap Group’s investors?
ABC Impact, Banpu, Chow Tai Fook Enterprises, Dutco Group, and Enspire Capital are 5 of 13 investors who have invested in Sunseap Group.
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Who are Sunseap Group’s competitors?
Oolu and LYS Energy are competitors of Sunseap Group.
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When was Sunseap Group acquired?
Sunseap Group was acquired on 24-Feb-2022.
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Who acquired Sunseap Group?
Sunseap Group was acquired by EDP Renováveis.
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