Stockholm, June 15, 2026 – Vaja AB, a rising leader in solar tracking technology, has successfully raised €3.1 million in seed funding, increasing its total capital from equity investments and grants to €6 million. This funding round was led by The Footprint Firm, with participation from node.vc. The investment will accelerate Vaja’s market entry and product validation, enabling the company to deploy its solar tracking technology across various installations, enhance core innovations, and expand its team. Vaja’s VajaTrack™ system, a pioneering vertical single-axis tracking technology, promises 25-50% higher revenue compared to fixed-mount installations by optimizing energy output and capturing more valuable electricity prices during peak times. CEO Henrik Eskilsson envisions vertical solar tracking becoming the dominant installation method beyond 30° latitude, akin to how horizontal tracking is standard near the equator. This innovation is particularly crucial as Europe seeks greater energy security and independence. Jakob Wichmann of The Footprint Firm highlights Vaja’s potential to redefine solar energy in challenging regions, supported by a team with profound structural engineering and commercial expertise. Due to high demand, Vaja is opening additional installation slots for 2026, targeting agricultural and pilot installations. Founded by entrepreneurs Henrik Eskilsson and Anders Olsson, Vaja is committed to advancing solar technology with backing from major investors and grants.
Has Vaja secured €3.1 million to advance its solar tracking technology?
