
Alven Capital invests €1m in QuelleEnergie.fr
Alven Capital has invested €1m in QuelleEnergie.fr, a French online energy-saving consultancy.
This is a follow-up to Alven's previous €500,000 investment in the company in January 2010. QuelleEnergie.fr will use the fresh capital to bolster its marketing and sales efforts. It will also look to double its staff by the end of 2011.
Paris-based QuelleEnergie.fr was founded in 2008. It provides free energy consultation and advice on how to reduce energy bills through eco-friendly practices, such as the installation of solar panels and insulation.
QuelleEnergie.fr also provides links to businesses able to install such devices.
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