SolarX
Latest round
- Series A
Last raised
- May 2021
Total raised
- Undisclosed
Investors
- 1
About SolarX
Founded in 2020 in Bamako, Mali, SolarX Ltd focuses on developing solar energy solutions. The company has engaged in a total of 4 deals, with the most recent deal occurring on September 1, 2022.SolarX specializes in the development and deployment of innovative solar energy solutions aimed at addressing the growing demand for renewable energy sources. The company's core product offerings include photovoltaic solar panels, energy storage systems, and smart energy management software, all designed to enhance energy efficiency and reduce reliance on fossil fuels. These products cater to a diverse clientele, including residential homeowners, commercial businesses, and utility providers, with specific end uses ranging from powering individual homes to supporting large-scale energy grid operations.The revenue structure of SolarX is primarily driven by the direct sale of its solar energy products and subscription-based services associated with its energy management software. Transactions typically occur through direct-to-consumer sales for residential installations, as well as partnerships with commercial clients and utility companies for larger projects. Noteworthy products in the revenue mix include proprietary solar panel technologies and energy storage solutions that are recognized for their efficiency and reliability. The company is planning to launch new products that enhance energy efficiency and has targeted expansion into additional markets in Europe and Africa by 2024.
Who invested in SolarX
1 investor across 2 rounds
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Questions about SolarX
Who invested in SolarX?
SolarX 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 SolarX raised?
SolarX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did SolarX last raise money?
SolarX's most recent round on record is a Series A, in May 2021.
What does SolarX do?
Founded in 2020 in Bamako, Mali, SolarX Ltd focuses on developing solar energy solutions.
Where is SolarX headquartered?
SolarX is headquartered in Bamako, Mali.
Which VCs invest in companies like SolarX?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back renewable energy companies at SolarX's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series A
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