The Munich startup Feld Energy has completed seed financing of over 10 million euros. The round was led by HV Capital. Other investors include Future Energy Ventures, AENU, and Angel Invest. The company develops solutions in the field of agricultural photovoltaics (agri-PV) and wants to advance the dual use of agricultural land in Germany. With the fresh capital, Feld Energy wants to accelerate its growth, expand operational capacity, and expand its team.
Agri-PV as an opportunity for agriculture and the energy transition
Feld Energy’s technology enables farmers to use land simultaneously for growing crops and producing electricity. The model is based on a 20-year lease agreement in which farmers can earn over 100,000 euros additionally. This way, the Munich startup creates an additional source of income and supports the energy transition at the same time.
Agri-PV contributes to decarbonization and strengthens the resilience of the agricultural sector. The technology reduces water consumption, protects farmers against crop failures, and combines energy generation with food production. According to the Fraunhofer ISE, the technical potential of agri-PV in Germany is 2,900 gigawatts.
Adrian Renner, co-founder and CEO of Feld Energy, on the company’s vision:
“Closing this seed round is a crucial step for Feld Energy. Our vision is to show that agriculture and renewable energy can complement each other to create lasting value. By empowering farmers to generate clean electricity without restricting food production, we increase the resilience of agriculture and accelerate the path toward a climate-neutral economy. With this financing, we will strengthen our team and scale our solution so that farmers everywhere can benefit from this dual-use approach.”
Investors see great potential in the agri-PV market
David Kuczek, general partner at HV Capital, is proud to support the Feld Energy team:
“Adrian has already proven with previous ventures that he can build scalable, impactful companies. We are convinced that Feld Energy has the potential to redefine the role of agriculture in the energy transition. The agri-PV sector is at a tipping point, and Feld Energy is excellently positioned to unlock its enormous potential.”
Jan Palasinski, partner at Future Energy Ventures, also sees a strong trend in the technology:
“Agri-PV is trending strongly because it brilliantly addresses the growing land conflict between food and energy production and offers win-win solutions for farmers – through diversified income and increased crop resilience, while simultaneously advancing the green energy transition.”
The company’s long-term goal is to make the dual use of agricultural land the norm – for the benefit of farmers and the planet.
