Stride, a Vietnam-based platform that finances rooftop solar and battery installations, raised $15m in a Series B round announced in the week of 21 May 2026. Lightrock and TRIREC, through its Accelerate7 platform, co-led the round. Existing investors Clime Capital and UOB Venture Management also took part, according to Mercom India, which cited the company.
The reports did not give a valuation or say how much of the round is equity and how much is debt. They did not give a total for funding to date.
What Stride does
Stride was founded in 2021. Mercom said its platform combines tailored financing, technology and quality assurance to make rooftop solar and battery storage more accessible to households and small and medium-sized businesses in Vietnam.
SolarQuarter described the problem it targets: the high upfront cost of a solar installation is a major barrier for many customers. Stride lets them pay through flexible financing instead of one large payment, so they start saving on electricity costs while paying for the equipment over time.
The company works through a network of more than 75 verified engineering, procurement and construction partners, which it uses to reach customers across the country, Mercom reported. Stride said it has nearly tripled its project portfolio since its Series A.
Earlier funding
Mercom reported that Stride closed its Series A in March 2025 with Clime Capital, UOB Venture Management and the Vietnam-focused investor Touchstone Partners. The size of that round was not given in the sources reviewed. In 2023, the company raised a $2m seed-stage equity round from Clime Capital and Touchstone Partners.
What the money is for
Stride said it will use the funding to scale its platform across Vietnam and to enter new markets. It also plans to strengthen its digital systems and quality assurance processes, expand access to rooftop solar and battery products, and support its goal of helping 200,000 more people benefit from clean energy by 2030.
SolarQuarter added that the company wants to expand into other Southeast Asian markets, improve its network of solar installers and improve its digital tools for managing projects. It linked the round to concerns about energy supply disruptions tied to the Middle East, which it said have raised interest in local renewable energy. That link is the outlet's own framing rather than a statement from Stride.
The Vietnamese rooftop market
SolarQuarter wrote that Vietnam's rooftop solar capacity has grown from almost nothing in 2018 to more than 19 gigawatts. It said the government's Power Development Plan VIII sets a target of supplying rooftop solar power to half of all homes and office buildings by 2030. The outlet also said investors are increasingly backing consumer-facing climate technology and fintech platforms that help people and small businesses buy clean energy, rather than only large utility-scale projects.
Neither report quoted a Stride executive, and the company's own announcement could not be opened for this article. The investor names and the $15m figure are consistent across both reports.