Sunseap

Sunseap is a provider of solar energy in Singapore. The company provides a one-stop service to clean energy solution, which encompasses elements such as funding, development, designing, engineering and construction.

Sunseap's unique positioning as both a licensed Electricity Wholesaler and Electricity Retailer under the Energy Market Authority (EMA); has enabled it to develop its 2 business models, solar leasing and clean electricity supply.

Sunseap was founded in 2011 by Frank Phuan & Lawrence Wu and is based in Singapore, Central Region, Singapore.

 

Sunseap's unique positioning as both a licensed Electricity Wholesaler and Electricity Retailer under the Energy Market Authority (EMA); has enabled it to develop its 2 business models, solar leasing and clean electricity supply. Sunseap's group holds 3 entities, Sunseap Leasing, Sunseap International and Sunseap Energy.

 

Sunseap is backed by investors including United Overseas Bank, ISOTeam, TRIREC, DBS Bank, Enspire Capital among others. The company raised SGD43M in it's latest "Debt Financing" on Jun 20, 2019. This brings Sunseap's total funding to $187.6M to date.

 

 

  • Year founded: 2011
  • Funding Info: $187.6M in 6 Funding Rounds (Last Funding Type: Debt Financing)
  • Yearly Revenue: $2M-$5M (2018)
  • Employee Size: 51-200
  • Business Valuation: Valued at SGD225M as of Sep 20, 2017
  • City/Town: Singapore
  • State: Central Region
  • Country: Singapore
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