# Nextpower

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nextpower

- Industry: Renewable Energy
- Headquarters: Fremont, US
- Website: www.nextracker.com/
- Total disclosed funding: $36M
- Latest round: Series C (Jun 15, 2015)
- Investors on record: 5

## About

Founded in 2013, it is based in Fremont, US.Nextracker specializes in advanced solar tracking systems that optimize the performance of solar power plants.Based in the US, Nextracker Inc. provides innovative solar tracking solutions that enhance the efficiency and performance of solar power systems globally.Nextracker Inc. specializes in solar tracking technology, designed to optimize energy capture for solar power plants. Their flagship products, the NX Horizon™ and NX Horizon-XTR™, are the most widely deployed smart solar trackers. These trackers adjust solar panel positions throughout the day for maximum energy yield. Nextracker also provides software solutions like TrueCapture™ and NX Navigator™ to enhance plant performance and operational monitoring, addressing challenges like extreme weather. The company serves a diverse clientele, including solar developers, EPC firms, and asset managers, across regions like the US, Australia, and Europe.

## Funding rounds

- Series C, Jun 15, 2015, $11M — ClearSky Advisors LLC
- Series B, Dec 1, 2014, $25M — Tennenbaum Capital Partners, SJF Ventures, DBL Partners, Sigma Partners

## Investors

- Tennenbaum Capital Partners — Series B
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series B
- DBL Partners (https://capitalatlas.ai/funds/dbl-partners) — Series B
- Sigma Partners — Series B
- ClearSky Advisors LLC — Series C