Sunmachine GmbH (Germany) - Jan 2008

BayBG Bayerische Beteiligungsgesellschaft mbH has, alongside private and institutional investors, raised €11.8m expansion capital for Sunmachine GmbH, a producer of block heat and power plants. The investor has acquired 3% of the company and holds a stake as a ‘stille Gesellschafter’ (silent stakeholder). The investor has followed the company’s development since it won a regional business plan competition in 2006. Since then, Sunmachine has acquired patents, won distributors and developed prototypes.

The expansion capital will be used to go into serial production and increase production capacities. In 2008, the company plans to hire 70 additional staff.

Company

Sunmachine GmbH develops patented mini block heat and power plants that generate heat and electricity for private households. Generated electricity can be fed into the electricity distribution network and is paid for. The mini plants are said to be easy to maintain and highly energy efficient. More than 60 heating systems distributors have acquired licences from the company, and plan to purchase around 5,000 units in 2008. Founded in 2005, the company is based in Wildpoldsried and employs a staff of 40.

People

Stefan Waldenburg led the transaction for BayBG. Uli Seitz and Dr Dagobert Kotzur are CEOs of Sunmachine GmbH.

Sourced from: Deutsche unquote" 95 (Feb 2008)

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• Topics
• DACH
• Expansion
• Infrastructure
• Germany