When was Midsummer founded?

Midsummer was founded in 2004 and raised its 1st funding round 11 years after it was founded.

Where is Midsummer located?

Midsummer is headquartered in Stockholm, Sweden.

How many employees does Midsummer have?

As of Jul 01, 2024, the latest employee count at Midsummer is 77.

Is Midsummer a funded company?

Midsummer is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 01, 2015.

When was the latest funding round of Midsummer?

Midsummer's latest funding was a $***** Grant (prize money) round on Apr 09, 2025, with participation from 1 investor.

Where does Midsummer rank among its competitors?

Midsummer ranks 5th amongst 33 active competitors, of which 16 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Merlin Solar, which secured $16.1M in Dec, 2025.

Who are the top competitors of Midsummer?

Midsummer's top competitors include Epishine, Merlin Solar and mPower Technologies. Among them, Merlin Solar secured the most recent funding round in December, 2025.

Midsummer - 2026 Company Profile, Team, Funding & Competitors

Midsummer is a public company based in Stockholm (Sweden), founded in 2004. It operates as a Manufacturer of thin, light, and flexible solar panels for various roofs. Midsummer has raised an undisclosed amount in funding from Mistra. The company has 33 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like Epishine, Merlin Solar and mPower Technologies.

Company Details

Manufacturer of thin, light, and flexible solar panels for various roofs. These solar panels are designed for tile, metal, and membrane roofs. The products can be installed on existing roofs or during roof replacement. The company also manufactures machinery used in the solar panel production.

Key Metrics

Founded Year

2004

Location

Stockholm, Sweden

Stage

Public

Latest Funding Round

Grant (prize money), Apr 09, 2025, $*****

Investors

Mistra & 5 more

Ranked

5^th among 33 active competitors

Employee Count

77 as on Jul 01, 2024

Exit Details

Public

View Midsummer's full profile

Midsummer has raised funding over 9 rounds. Its first funding round was on Jun 01, 2015. Its latest funding round was a Grant (prize money) round on Apr 09, 2025 for $*****. 1 investor participated in its latest round. Midsummer has 6 institutional investors.

Here is the list of recent funding rounds of Midsummer:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 09, 2025	1654107	Grant (prize money)	1904043	2352349	9895171	9047230
Apr 20, 2023	8388557	Grant (prize money)	2542863	7533756	2248533	Invitalia
Nov 01, 2021	1140720	Grant (prize money)	6398530	1497755	2520169	6626739

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View details of Midsummer's funding rounds and investors

Midsummer's employee count trend

Midsummer has 77 employees as of Jul 24. Here is Midsummer's employee count trend over the years:

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Top competitors of Midsummer include Epishine, Merlin Solar and mPower Technologies. Here is the list of Top 10 competitors of Midsummer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Epishine 2016, Linkoping (Sweden), Series A	Developer and provider of solar modules	$19.4M	Almi, Beijer Ventures & 15 others	61/100
2nd	Merlin Solar 2016, San Jose (United States), Acquired	Manufacturers of solar modules	$47.1M	Fifth Wall, Saint-Gobain & 2 others	61/100
3rd	mPower Technologies 2008, Albuquerque (United States), Series B	Manufacturer of solar modules and related technology for space applications	$56.4M	Razor's Edge Ventures, Cottonwood Technology Fund ... & 5 others	61/100
4th	Power Roll 2012, Seaham (United Kingdom), Series B	Provider for perovskite solar films and capacitors	$32.8M	Maven Capital Partners, Greenwood Way Capital ... & 11 others	56/100
5th	Midsummer 2004, Stockholm (Sweden), Public	Manufacturer of thin, light, and flexible solar panels for various roofs	-	Allabolag, Invitalia & 4 others	54/100
6th	Saule Technologies 2014, Warsaw (Poland), Seed	Developer of inkjet-printed perovskite solar cells for various applications	-	EIC Fund, Europa & 2 others	50/100
7th	SunMan 2015, Hong Kong (China), Series B	Developer of flexible PV modules	$7M	CEFC, Southern Cross Venture Partners & 2 others	50/100
8th	Solaires 2020, Victoria (Canada), Seed	Developer of perovskite-based solar ink and photovoltaic modules and film	$2M	Sustainable Development Technology Canada, WUTIF Capital ... & 3 others	49/100
9th	MiaSole 2001, Santa Clara (United States), Acquired	CIGS PV module manufacturer	$500M	TriplePoint Capital, ATEL Capital Group & 13 others	49/100
10th	PXP 2020, Sagamihara (Japan), Series A	Developer of flexible solar cells using perovskite and chalcopyrite minerals	$10M	solable.co.jp, KowaOpt & 7 others	48/100