Client mylight150
Task Financial Advise
Case Study
Client mylight150
Task Financial Advise
mylight150 is a French cleantech company based in Lyon, and a pioneer in energy transition specialized in the design & distribution of smart energy management systems and solar self-consumption solutions (the ability to monetize and optimize surplus production of solar energy).
LongReach acted as Financial Adviser and Coordinator for the ~ €100 million growth capital fundraising for mylight150.
Accelerate mylight150’s growth and deployment of its energy management solutions in the European residential markets. Improve the quality of its tech-based solutions as well as increase brand awareness.
The funding round is co-led by Eiffel Investment Group, Azora Capital, and Andera Partners, with existing investor Elevation Capital Partners, also participating.
80+ Investors contacted. Broad process with Infrastructure, Sustainable Growth, Private Equity and Corporate Investors.
Extensive work on refinement of Business Model: added emphasis on intelligent systems and the subscription service offerings. Built a fully integrated detailed 5-year Financial Model from scratch. Articulate valuation framework to capture innovative model.
