# Volateq

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

- Industry: Software
- Headquarters: Hilden, Germany
- Website: www.volateq.de
- Latest round: Seed (Apr 9, 2024)
- Investors on record: 4

## About

Based in Hilden, Germany, and founded in 2020 by Dr.-Ing. Christoph Prahl, Anne Schlierbach, and Wolfgang Reinalter, Volateq GmbH, a.k.a. Volateq operates as a software company that focuses on developing a plug-and-play SAAS solution for automated digital health checks of solar power plants, enabling operators to autonomously monitor their fields, detect and correct anomalies, and address issues in performance, productivity, and safety. In April 2024, Volateq GmbH raised seed funding from Scarabaeus Capital, BeAI, NRW Bank, and DLR eV.

The company provides intelligent image analytics software for solar field management that helps in providing actionable insights derived from digital twin technology. The software helps users gain clarity on site status, autonomy in data acquisition, and resource savings through streamlined operations. The software prioritizes maintenance tasks, enhancing performance and profitability. It provides CSP plants with detailed condition monitoring through parameters such as thermal and component analysis, soiling, and geometry.

Volateq plans to use its proceeds from April 2024 funding to increase its workforce's size and worldwide reach.

## Funding rounds

- Seed, Apr 9, 2024 — NRW Bank, BeAI, Scarabaeus Capital, DLR eV

## Investors

- NRW Bank — Seed
- BeAI (https://capitalatlas.ai/funds/beai) — Seed
- Scarabaeus Capital — Seed
- DLR eV — Seed