Scottsdale, Arizona-based Solentrex, a participant in Chair Capital’s Investment Roadmap program, has achieved significant traction, securing new investment and grant funding through local government support. This progress follows the signing of a Memorandum of Understanding (MOU) earlier this year, designed to accelerate the development of Solentrex’s AI-powered SaaS platform for solar energy professionals.
The MOU with Chair Capital was instrumental in helping Solentrex secure fresh investment and gain support from local government, unlocking grant funding for project development. Solentrex offers a cloud-based, AI-powered SaaS sales and workflow platform tailored for solar EPCs (Engineering, Procurement, and Construction) and installers. This platform aims to streamline operations from customer proposals to financing and installation, ultimately facilitating faster adoption of clean energy solutions.
Richard Armour, Chief Investment Officer at Chair Capital, commented on Solentrex’s progress, stating, “Solentrex is a prime example of the type of high-potential business our Investment Roadmap was designed to support. Our MOU not only gave them an extra layer of credibility with investors and government but also reflects our conviction in their ability to deliver real impact in the energy transition. We’re delighted to see their rapid progress and look forward to continuing our collaboration.”Michael Salorio, President & CEO of Solentrex, expressed enthusiasm for the partnership. “Partnering with Chair Capital is an incredible opportunity, providing the leadership and financial resources for Solentrex to rapidly accelerate time to market and growth,” Salorio said. He added that the MOU outlines a detailed roadmap for deliverables and investment capital over the next two years, emphasizing Chair Capital’s shared vision for a clean energy future.
Chair Capital, an investment firm based in London and Dubai, specializes in the convergence of renewable energy, data center infrastructure, and AI technologies. The firm invests between $10 million and $500 million in companies developing critical infrastructure for the digital and sustainable economy. Its Investment Roadmap program aims to provide structure and credibility for emerging clean-tech companies, guiding them to become investment-ready and fostering confidence among stakeholders.
