Yotta Energy Secures $8M Funding Led By Evergy Ventures To Expand Solar+Storage Solutions For Commercial Buildings

Sep 19, 2023•about 2 years ago

Amount Raised

$8 Million

AustinSustainabilityNatural ResourcesEnergy

Investors

Swan Impact FundDoral Tech VenturesEdp VenturesCopec Wind VenturesCricetus Felix VenturesBlue ScopeEvergy Ventures

Description

Yotta Energy, a leading provider of innovative solar+storage solutions, announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund. The funding will help the company scale up manufacturing and accelerate the deployment of its SolarLEAF battery technology.

Company Information

Company

Yotta Energy

Location

Austin, Texas, United States

About

Yotta Energy is a renewable energy storage company headquartered in Austin, Texas. Yotta has developed unique PV-Coupled™ architecture, a smart energy storage solution designed to scale with rooftop solar PV projects effortlessly. At about the size of a briefcase, Yotta’s patented panel-level energy storage solution can fit under any industry standard solar module, neatly integrating with the solar racking array. Yotta’s technology features advanced thermal management to maintain an optimal working temperature even under extreme outdoor conditions. As an integrated software plus hardware solution, Yotta also helps address grid outages by enhancing grid resilience and reliability. Yotta’s technology allows for a much lower total installation cost for rooftop solar-plus-storage than any other current energy storage system available today. Learn more at www.yottaenergy.com.

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