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Yotta Energy Closes $5M Seed Round to Commercialize Panel-Level, PV-Coupled™ Energy Storage Technology

PRIVATENov 10, 2020

Amount Raised

$5 Million

Round Type

Seed

AustinEnergySustainabilityNatural Resources

Description

Yotta Energy announced today that the company has closed a $5M Seed Round to finalize UL certification and commence commercial production of its disruptive panel-level, PV-Coupled™ energy storage technology. The investors for this round include Fiftysix Investments, EDP Ventures, Skyview Ventures and other undisclosed investors.

Quick answer

Yotta Energy raised $5 Million in a Seed round, dated November 10, 2020. Yotta Energy is based in Austin, Texas, United States.

How much did Yotta Energy raise?
Yotta Energy raised $5 Million in a Seed round on November 10, 2020.
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.

  • Aurora Solar raised $50M on November 27, 2020.
  • UGI raised an undisclosed amount on November 20, 2020.
  • Erthos raised $1.9M (Seed) on October 6, 2020.
  • Better Earth raised $14K (Pre-Seed) on December 10, 2020.
  • Better Earth raised $28K (Pre-Seed) on November 12, 2020.
  • Wi Tricity raised $34M (Corporate Round) on October 29, 2020.

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.

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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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Related People

1 contact
Verified contactsChristopher B., Senior Director Of Applications Enginee… hiddenSee plans and pricing
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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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