Leonardo DiCaprio, yes that Leo, announces investment in Swedish EnergyTech startup Elvy

What happened

Elvy, a Stockholm-based Energy-as-a-Service company focused on the household energy transition, announced an undisclosed investment from Hollywood star Leonardo DiCaprio – as well as the rollout of a customer referral platform. The announcement […] The post Leonardo DiCaprio, yes that Leo, announces investment in Swedish EnergyTech startup Elvy appeared first on EU-Startups .

This isn’t the first time Leo has supported a European EnergyTech startup; having backed the German residential solar provider Enpal in 2023. This isn’t the first time Leo has supported a European EnergyTech startup; having backed the German residential solar provider Enpal in 2023 .

The announcement comes on the heels of their €5.9 million raise in May of this year , as well as a revenue increase of tenfold in 2025 when compared to the previous year. Elvy’s undisclosed investment from Leonardo DiCaprio comes amid more than €160.9 million in company-level funding reported by EU-Startups during 2026 across European businesses working on household electrification, building energy efficiency and distributed energy management.

Notable rounds include €21 million for London-based Axle Energy to connect distributed energy assets to electricity markets, €15 million for Oslo-based Photoncycle to develop seasonal household solar storage, and €10 million for Berlin-based GALVANY to expand heat-pump installation and optimisation. EU-Startups previously reported on Elvy’s €5.9 million funding round in May 2026 and its €500 million credit facility in December 2025.