Ojjo Secures $40 Million Series C Funding Round To Scale Next Generation Solar Foundations
Amount Raised
$40 Million
Round Type
Series C
San RafaelManufacturingEnergyRenewable EnergySolarDescription
Ojjo, the leading provider of next-generation solar foundations, has closed a $40 million Series C funding round led by NGP ETP, the energy transition investing platform of NGP, with Ajax Strategies also participating. In addition, James Wallis, Partner at NGP, has joined Ojjo's Board of Directors. The new funding will accelerate Ojjo's growth and execution on its 9-Gigawatt active project pipeline. Ojjo's patented Earth TrussTM System offers a fast and efficient means of securing ground mount solar systems—typically requiring significantly less steel volume and labor as compared to customary pile foundations
Quick answer
Ojjo raised $40 Million in a Series C round, dated September 20, 2022. Ojjo is based in San Rafael, California, United States.
- How much did Ojjo raise?
- Ojjo raised $40 Million in a Series C round on September 20, 2022.
- What does Ojjo do?
- Ojjo has all the necessary capabilities to help the industry scale to take full advantage of this unique and timely opportunity.""Ojjo's Earth Truss systems have been proven in the field on hundreds of megawatts of..
- Where is Ojjo based and how big is it?
- Ojjo is based in San Rafael, California, United States.
- Who are the decision-makers at Ojjo?
- Fundz holds 1 contact at Ojjo, including the Chairman & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Ojjo that raised within 45 days of this round, from Fundz verified event records.
- Amprius Technologies raised $1M (Seed) on September 27, 2022.
- Caelux raised an undisclosed amount (Funding Round) on September 23, 2022.
- Mainspring Energy raised an undisclosed amount (Series E) on September 21, 2022.
- Aptera Motors raised $709K (Seed) on August 25, 2022.
- Ascent Solar Technologies raised $5M on August 19, 2022.
- Sabanto raised an undisclosed amount on November 4, 2022.
Who to call at Ojjo, and when
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Related People
Ojjo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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