Optivolt
San Francisco, United States
◆ Total Raised
$32M
◆ Stage
series-a
◆ Location
San Francisco, United States
◆ Founded
2017
◆ About Optivolt
US startup that develops an electronic device built into solar panels to boost efficiency in shade, soiling or uneven degradation.
◆ What sets it apart
Its Power Balancer is integrated inside the solar panel and actively manages cell-group output in real time, rather than relying on external or panel-level optimizers.[1][2]
◆ Sectors
◆ Business
Modelhardware
CustomerSolar panel manufacturers, residential and commercial solar installers, utility-scale solar operators, and off-grid energy customers
◆ Notable
- Raised a $32 million Series A led by VXI Capital, bringing total reported funding to $42 million.[1][6]
- Shipped more than 20,000 panels incorporating its technology.[3]
- Reported 99.4% conversion efficiency under typical operating conditions.[2][7]
- Internal testing showed up to six times more power than panels using bolted-on optimizers under defined shading scenarios.[2][6]
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Optivolt do?
US startup that develops an electronic device built into solar panels to boost efficiency in shade, soiling or uneven degradation.
Where is Optivolt based?
Optivolt is based in San Francisco, United States, founded in 2017.
How much has Optivolt raised?
Optivolt has raised $32M in tracked funding and is currently at the series-a stage.
Who has invested in Optivolt?
Investors in Optivolt include VXI Capital, RA Capital, Valo Ventures and Atlas Innovate.