Solfium raises US $10 million Series A round led by Accion & ALIVE Ventures to power Mexico’s businesses with solar energy
Solfium
· With its integrated platform for distributed solar adoption, Solfium is empowering Mexico’s corporates and the more than 5 million micro, small, and medium-sized enterprises in their value chains to transition toward cleaner, more reliable, and affordable energy — advancing both sustainability and economic resilience.
· Since 2022, Solfium has installed 36,260 solar panels adding 25 MW in electricity generating capacity that will reduce emissions by 281,000 Tons of CO2 over 25 years, representing USD28M in savings to Solfium’s customers and electricity consumers.
Mexico City, Mexico — November 5, 2025 — Solfium today announced completion of the initial US$7M equity investment in its US$10M Series A financing round. The round was led by Accion and ALIVE Ventures, with participation from Kamay Ventures. This initial investment is the first in a multi-stage financing.
Mexico’s fragmented solar market makes switching to clean energy slow and costly for most businesses, including micro, small, and medium-sized enterprises (MSMEs), which make up nearly 99% of all businesses and form the backbone of local and international supply chains. High energy costs and frequent power outages raise operational expenses and leave the engine of Mexico’s economy vulnerable to disruption.
Solfium helps corporates decarbonize and reduce costs across their value chains through solar energy, enabling millions of suppliers, customers, and employees to access cheaper, more reliable energy by simplifying adoption, and providing financing, installation, and long-term support.
Through partnerships with leading financial institutions, Solfium offers affordable financing options that make solar adoption a cost-effective solution for large businesses and MSMEs investing in growth. Businesses using Solfium’s platform can reduce energy costs by up to 95% over the 25-year life of a PV solar system. They can also mitigate the risks of frequent outages by integrating storage solutions. Solfium is currently working with Coca-Cola, three of the top five banks in Mexico, and other global corporates to provide solar energy for their own operations and for the thousands of MSMEs across their supply chains in Mexico.
With this new round, Solfium plans to reach millions of businesses including underserved owner managed operations which will benefit from financial inclusion initiatives powered by Solfium’s tech stack and at scale alliances with financing partners.
John Fischer, Chief Investment Officer at Accion, said: “By connecting small business owners to the necessary financing for clean solar power, Solfium is filling a critical gap in Mexico’s energy market. With Solfium, entrepreneurs can weather power outages, stay open longer, and continue to generate income, all while reducing emissions and supporting Mexico’s transition to a more sustainable energy source.
We are proud to partner with Solfium, a pioneering company transforming access to clean energy for MSMEs and households across Mexico,” said Virgilio Barco Managing Partner at ALIVE Ventures, “Solfium’s innovative digital platform, corporate partnership model, and strong leadership team align perfectly with ALIVE’s mission to support scalable businesses that drive inclusion and sustainable growth. The company is not only accelerating the energy transition but also empowering small businesses to thrive through lower energy costs and greater resilience.”
Our mission is to make solar energy accessible to every business in Mexico — from global corporations to local entrepreneurs,” said Andres Friedman, CEO and Co-founder of Solfium. Clean energy shouldn’t be a privilege. With this funding, we’re accelerating the transition to reliable, affordable solar energy that strengthens both our economy and our planet.
About Solfium
Solfium has developed a unique technology platform that accelerates the mass adoption of solar energy across large corporations and their value chains. The platform enables efficient decarbonization by integrating solar energy and complementary technologies—such as energy management systems, battery storage, electric vehicle chargers and predictive maintenance solutions—and by connecting suppliers, distributors, employees, and corporate facilities within a unified clean energy ecosystem.
For more information, visit www.solfium.com.
About Accion
Accion is a global nonprofit on a mission to create a fair and inclusive economy for the nearly two billion people who are failed by the global financial system. We develop and scale responsible digital financial solutions for small business owners, smallholder farmers, and women, so they can make informed decisions and improve their lives. Through targeted investment strategies, advisory solutions, and expert thought leadership, we work with local partners to develop and scale cheaper, more accessible, and customer-friendly financial solutions. Over its history, Accion has helped build 285 financial service providers serving low-income clients in 77 countries, reaching 478 million people.
For more information, visit www.accion.org.
About ALIVE Ventures
ALIVE Ventures is a leading Latin American impact fund manager that places impact at the forefront, integrates gender-lens investing in every step, and incorporates a climate-smart approach to help communities prepare, respond, and recover from the effects of climate change. ALIVE seeks to provide attractive risk-adjusted returns for its investors while generating measurable social impact.
For more information, visit www.alive-ventures.com.
Media contacts
Accion
Thessa Mooij
Director of Public Relations
Mgr
Phone +1.917.631.2518
Solfium
Mayela Fraga
Marketing Manager
Phone: +52.557.909.2324
Alive
Alan Pierce
Impact & Knowledge Sharing
Phone: +57 1 3227939