Nomadd

Renewable EnergySeries AThuwal, Saudi Arabianomaddesertsolar.com

Latest round

Series A

Last raised

Jun 2016

Total raised

$1.2M

Investors

1

About Nomadd

Founded in 2012 and headquartered in Thuwal, Saudi Arabia, Nomadd focuses on developing innovative solutions for the solar energy market.00 mn.Nomadd specializes in innovative cleaning solutions tailored primarily for the solar energy sector. Their core product offerings include a robotic cleaning system designed to efficiently maintain photovoltaic panels, ensuring optimal energy output while minimizing water usage. This technology addresses the challenges posed by dirt and debris accumulation on solar panels, which can significantly reduce their efficiency. Nomadd's products are utilized by solar farm operators and energy companies across various geographical markets, including regions with high solar energy production such as the Southwestern United States, parts of Australia, and the Middle East.Nomadd generates revenue through a combination of direct sales and service contracts associated with their robotic cleaning systems. Clients typically engage in a partnership model, wherein they purchase the cleaning technology and may opt for ongoing maintenance and support services. The transaction structure involves one-time capital expenditures for the initial purchase of the cleaning equipment, followed by recurring revenue streams from service agreements that ensure optimal performance of the robots. Pricing plans for the flagship robotic cleaning systems are structured to accommodate both large enterprise clients and smaller operators, reflecting the scale and frequency of use in different operational environments. Nomadd aims to enhance its product offerings and strategically enhance its market presence, exploring potential expansions into untapped geographic regions in the upcoming years.

Who invested in Nomadd

1 investor across 2 rounds

See all investors in Nomadd

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jun 3, 2016

    Amount

    $1M

    Investors

    Locked

  2. Seed

    Feb 1, 2012

    Amount

    $0.2M

    Investors

    Locked

Questions about Nomadd

Who invested in Nomadd?

Nomadd has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Nomadd raised?

Nomadd has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Nomadd last raise money?

Nomadd's most recent round on record is a Series A, in Jun 2016.

What does Nomadd do?

Founded in 2012 and headquartered in Thuwal, Saudi Arabia, Nomadd focuses on developing innovative solutions for the solar energy market.

Where is Nomadd headquartered?

Nomadd is headquartered in Thuwal, Saudi Arabia.

Which VCs invest in companies like Nomadd?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back renewable energy companies at Nomadd's stage. Their profiles are linked below.

Raising like Nomadd? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.