# Ellipsol Systems Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ellipsol-systems-private

- Industry: Renewable Energy
- Headquarters: Gurugram, India
- Website: www.ellipsol.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Sep 5, 2023)
- Investors on record: 2

## About

Founded in 2022 by Samarth Jain (CEO), and others, and based in Haryana, India, Ellipsol Systems Private Limited operates as a renewable energy platform that engages in producing electricity from solar energy. In September 2023, Ellipsol Systems Private Limited raised INR 25 million in seed funding led by investor Capital A, with participation from another investor Anicut Capital.



The company creates and sells patented technology that allows users to extract more energy from already installed solar panels. The prototype converts sunlight’s photovoltaic cells sunlight into electricity and enables users to control the energy dissipation on their solar panels.



The company intends to use the September 2023 funding for the utilization of its product and further plan projects.

## Funding rounds

- Seed, Sep 5, 2023, $0.3M — Anicut Capital, Capital A

## Investors

- Anicut Capital (https://capitalatlas.ai/funds/anicut-capital) — Seed
- Capital A — Seed