Stockholm, Sweden — Swedish climate technology startup Vaja has secured €3.1 million in seed funding to accelerate the commercialization of its next-generation solar tracking platform. The round was led by The Footprint Firm, with participation from node.vc, bringing the company’s total funding from equity investments and grants to €6 million.
The fresh capital will support Vaja’s market expansion, customer deployments, continued product validation, and team growth as the company prepares to scale its proprietary solar tracking technology across commercial installations.
Unlike conventional horizontal solar trackers that dominate installations closer to the equator, Vaja has developed VajaTrack™, described as the world’s first cost-efficient vertical single-axis solar tracking system. The technology is designed specifically for higher-latitude regions, including most of Europe, large parts of North America, and Asia.
According to the company, VajaTrack can generate 25–50% higher revenue than traditional fixed-tilt solar installations by increasing energy production while capturing higher-value electricity during morning and evening peak pricing periods.
“Over the next decade, we believe that vertical solar tracking can emerge as the dominant form of solar installation beyond 30° latitude, just as horizontal solar tracking has become the standard near the equator,” said Henrik Eskilsson, CEO and co-founder of Vaja.
The company believes its technology can play an important role in strengthening energy independence across Europe by improving the economics of solar power generation in northern climates, where conventional solar solutions have historically delivered lower returns.
Jakob Wichmann, Co-founder and Partner at The Footprint Firm, said the investment reflects confidence in both the technology and the founding team.
“VajaTrack unlocks substantially higher energy where conventional solutions have historically underperformed. With a founding team that combines deep engineering expertise with proven commercial execution, Vaja is exactly the type of company we want to back.”
Vaja has also announced additional installation capacity for 2026, opening reservations for agricultural deployments and pilot projects with professional solar farm developers.
Founded in Stockholm by serial entrepreneurs Henrik Eskilsson, former CEO and co-founder of Tobii/Dynavox, and Anders Olsson, founder of Soldags, Vaja is focused on developing advanced solar tracking systems that improve both energy production and project economics for utility-scale solar installations in higher-latitude markets.
As demand grows for renewable energy technologies that maximize efficiency without significantly increasing installation costs, Vaja aims to establish vertical solar tracking as a new standard for regions where conventional tracking systems have been less effective.
