SunFire GmbH announced that it has entered into definitive agreements to receive gross proceeds of €109 million in an equity round of funding on October 18, 2021. The transaction will include participation from new investors Hydrogenone Capital Growth Plc for €24 million, Planet First Partners, Lightrock LLP, Carbon Direct Capital Management LLC, and other existing investors. As a part of the transaction, Hydrogenone Capital Growth Plc will acquire minority stake in the company.