Fundz

Raicoon Secures €4 Million In Seed Funding To Shape A World That Runs Itself On Renewables

RECENTLY ACQUIREDOct 10, 2023

Amount Raised

€4 Million

Round Type

Seed

ViennaEnergySoftwareArtificial IntelligenceRenewable EnergySolarSaaS

Description

raicoon, a climate-tech company and world leader in autonomous solar operations, proudly announces a €4 Million seed funding round to tap into new markets, enhance its product offering and expand the team.

Quick answer

raicoon raised €4 Million in a Seed round, dated October 10, 2023. raicoon is based in Vienna, Illinois, United States.

How much did raicoon raise?
raicoon raised €4 Million in a Seed round on October 10, 2023.
What does raicoon do?
raicoon makes solar asset operations autonomous. raicoon autonomous operations center (AOC) is a cloud-based SaaS platform powered by artificial intelligence and machine learning.
Where is raicoon based and how big is it?
raicoon is based in Vienna, Illinois, United States.
Who are the decision-makers at raicoon?
Fundz holds 1 contact at raicoon. 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 raicoon that raised within 45 days of this round, from Fundz verified event records.

  • Husk Power Systems, Inc. raised $103M (Series D) on October 24, 2023.
  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Eliq raised $11M (Funding Round) on November 21, 2023.
  • Efficient Computer raised $16M on November 21, 2023.
  • TSUN raised an undisclosed amount (Series B) on November 20, 2023.
  • Scalestack raised $1M (Seed) on November 20, 2023.

Who to call at raicoon, and when

A new round usually means raicoon is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day raicoon raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at raicoon, from your own LinkedIn network

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Company Information

Company

raicoon

Location

Vienna, Illinois, United States

About

raicoon makes solar asset operations autonomous. raicoon autonomous operations center (AOC) is a cloud-based SaaS platform powered by artificial intelligence and machine learning. The system detects 100% of measurable faults and creates zero false alarms.* And through a real-time analysis of current and historical data, it doesn’t just present data for you to base decisions on. It actually makes those decisions for you. Automated fault detection and diagnostics, a simple-to-use ticket and communication system, and live reports about both system and service performance give the system everything it needs to fully automate the tasks of a traditional operations center. Manual solar operations won’t cut it in a rapidly growing market. raicoon has recovered more than 133 million kWh of energy with over 2,000 systems under contract. By improving the efficiency of existing renewable energy systems, raicoon helps solar asset managers and O&M professionals to increase the energy yield of PV plants by ~6% and improve their bottom line by 30-50%. We’re accelerating the energy transition by improving the efficiency of existing renewable energy systems, and rescuing valuable renewable energy from being wasted – right now, today.

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raicoon 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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