What is UMA Solar?
UMA Solar, rebranded as Magen eco-Energy US, is a prominent distributor of solar thermal and solar electric solutions, serving both residential and commercial sectors. Boasting over four decades of industry experience, the company offers a comprehensive suite of energy-saving products, including advanced solar pool heating systems and robust solar electric solutions. Their mission is deeply rooted in reducing the global carbon footprint, supported by extensive technical and marketing assistance provided to a dealer network spanning the United States, Canada, and the Caribbean. UMA Solar is dedicated to advancing a cleaner, healthier future through pioneering solar technologies.
How much funding has UMA Solar raised?
UMA Solar has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in UMA Solar
PPP
Public-Private Partnership
What's next for UMA Solar?
The substantial capital infusion, contextualized by a large-scale late-stage funding environment and a major strategic investment, signals a period of accelerated growth and market expansion for UMA Solar (Magen eco-Energy US). This backing is likely to fuel further development of their distribution network, enhance product innovation in solar thermal and electric solutions, and potentially explore new geographic markets. The company's long-standing commitment to sustainability and its established dealer support infrastructure position it for continued success in the competitive renewable energy landscape.
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