Mar 29, 2013

Solar Power Portal, Green Energy Navi Operator, I And C Cruise Fundraises From Silicon Valley-based Fenox Venture Capital / I&C Cruise press release

I and C Cruise runs solar power system construction service as well as Green Energy Navi, a matching site of solar power system. The company announced raising capital from Fenox Venture Capital to expand the business in overseas.

As the first global expansion, it plans to establish US office in June 2013 to enter the US market where solar power generation continues growing. ...

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I & C Cruise press release 3/28/2013 [jp]

memo
  • Green Energy Navi allows users to find solar panel retailers and get a quotation. It seems that the service has been growing after the East Japan earthquake. Since it looks a simple B and C matching service where its key advantage would be strong connections with large number of local solar panel retailers, it may be very challenging to get into foreign markets. It is interesting to see how the company and investor will make it happen in the US.
  • http://www.iacc.co.jp/

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