Ultrasolar Technology
Latest round
- Series A
Last raised
- Oct 2011
Total raised
- $4.3M
Investors
- 2
About Ultrasolar Technology
Founded in 2009, Ultrasolar Technology is based in Santa Clara, US. The company specializes in solar technology solutions and has pivoted towards developing advanced solar power enhancements. The founders, Naresh Sharma and Santosh Kumar, have experience in the technology sector.128 mn post-money.Ultrasolar Technology specializes in enhancing the performance of solar power systems through its flagship product, QuantumBoost (QB). Launched in 2016, QuantumBoost increases the power output of photovoltaic panels by over 10%, addressing challenges faced by solar farm operators.5 years through increased revenue generated from enhanced efficiency. Their B2B business model targets solar farm operators and enterprises in the renewable energy sector, ensuring a streamlined sales process with installations overseen by experienced engineers.97 mn to enhance product development and market expansion. The company is focusing on designing upcoming product iterations of QuantumBoost to meet evolving market demands. Additionally, Ultrasolar Technology aims to expand its reach into new markets such as Southeast Asia and Europe by 2023, fostering partnerships to facilitate entry into these regions.
Who invested in Ultrasolar Technology
2 investors across 1 round
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Funding rounds
Series A
Oct 19, 2011
Amount
$4.3M
Investors
Questions about Ultrasolar Technology
Who invested in Ultrasolar Technology?
Ultrasolar Technology has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ultrasolar Technology raised?
Ultrasolar Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ultrasolar Technology last raise money?
Ultrasolar Technology's most recent round on record is a Series A, in Oct 2011.
What does Ultrasolar Technology do?
Founded in 2009, Ultrasolar Technology is based in Santa Clara, US.
Where is Ultrasolar Technology headquartered?
Ultrasolar Technology is headquartered in Santa Clara, US.
Which VCs invest in companies like Ultrasolar Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Ultrasolar Technology's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series A
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