Berlin-based startup VREY has secured €3.3 million in seed financing to scale its solar power solutions for multi-family homes. The company specialises in bringing photovoltaic systems directly to urban residential buildings. VREY is already active in over 200 buildings, demonstrating early traction in the multi-family housing sector. The funding will support the company's expansion efforts as it works to increase solar power adoption in urban residential properties. The investment highlights growing interest in decentralised renewable energy solutions for apartment buildings, where traditional solar installations have historically been more challenging to implement compared to single-family homes.

Styx, a Mannheim-based investment firm, has invested in Vrey, a Berlin start-up focused on solar projects and communal building energy supply. This partnership aims to overcome the challenges of existing tenant electricity models. Styx specializes in early-stage investments in start-ups that promote more sustainable cities and buildings.