Yotta Energy Secures $1.23 Million To Deploy A Solar + Energy Storage Project In An Underserved Southern California Community
Amount Raised
$1.23 Million
Round Type
Seed
AustinEnergySustainabilityNatural ResourcesDescription
With more than 30 percent of American households experiencing some form of energy insecurity, Yotta Energy, a leader in modular energy storage technology, was awarded $1.23 million from the California Energy Commission (CEC) to develop a solar and storage system to address energy inequality in lower-income areas. The project will include battery backup for a multifamily property located in Santa Ana, California, and will show how Yotta’s scalable technology can increase energy reliability and provide cost savings in underserved communities throughout California. In addition to economic benefits, the project will also examine reduction in greenhouse gas emissions, improvements to the surrounding environment, and implications to the existing utility grid by adding solar + storage in a low-income community.
Quick answer
Yotta Energy raised $1.23 Million in a Seed round, dated August 30, 2022. Yotta Energy is based in Austin, Texas, United States.
- How much did Yotta Energy raise?
- Yotta Energy raised $1.23 Million in a Seed round on August 30, 2022.
- What does Yotta Energy do?
- Yotta Energy is a renewable energy storage company headquartered in Austin, Texas.
- Where is Yotta Energy based and how big is it?
- Yotta Energy is based in Austin, Texas, United States.
- Who are the decision-makers at Yotta Energy?
- Fundz holds 1 contact at Yotta Energy, including the Senior Director Of Applications Engineering. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Yotta Energy that raised within 45 days of this round, from Fundz verified event records.
- Comstock raised $375K on October 7, 2022.
- Intersect Power raised $3.1B (Funding Round) on September 29, 2022.
- Focus Graphite raised an undisclosed amount (Funding Round) on September 9, 2022.
- FlexGen Power Systems raised $100M (Series C) on July 19, 2022.
- Vecino Energy Partners raised $200M on July 19, 2022.
- Blackbuck Resources raised an undisclosed amount (Funding Round) on July 18, 2022.
Who to call at Yotta Energy, and when
A new round usually means Yotta Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Yotta Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yotta Energy, from your own LinkedIn network
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Related People
Yotta Energy 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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