The Munich startup Field Energy has closed a seed financing round of over €10 million. The round was led by HV Capital. Other investors include Future Energy Ventures, AENU, and Angel Invest. The company develops solutions in Agricultural photovoltaics (Agri-PV) and aims to advance the dual-use of agricultural land in Germany. With the fresh capital, Feld Energy aims to accelerate its growth, expand its operational capacity, and grow its team.
Agri-PV as an opportunity for agriculture and the energy transition
Feld Energy's technology enables farmers to use land for both crop cultivation and electricity generation. The model is based on a 20-year lease agreement, allowing farmers to generate an additional income of more than €100,000. The Munich-based startup is thus creating an additional source of income while supporting the energy transition.
Agri-PV contributes to decarbonization and strengthens the resilience of the agricultural sector. The technology reduces water consumption, protects farmers against crop failure, and combines energy generation with food production. According to 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:
"The completion of this seed round is a critical step for Feld Energy. Our vision is to demonstrate that agriculture and renewable energy can complement each other to create lasting value. By empowering farmers to generate clean electricity without compromising food production, we increase the resilience of agriculture and accelerate the path to a carbon-neutral economy. With this funding, 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 his ability to build scalable, high-impact companies through previous ventures. We believe Feld Energy has the potential to redefine agriculture's role in the energy transition. The agri-PV sector is at an inflection point, and Feld Energy is uniquely positioned to unlock its enormous potential."
Also Jan Palasinski, partner at Future Energy Ventures, sees a strong trend in technology:
"Agri-PV is a strong trend 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 driving the green energy transition."
The company's long-term goal is to make dual-use agricultural land the norm – for the benefit of farmers and the planet.
