Yotta Energy Brings Total Series A To $16.5 Million And Secures $1.97 Million Award To Deploy Solar + Storage Microgrid At Nellis Air Force Base
Amount Raised
$1.97 Million
Round Type
Series A
AustinEnergySustainabilityNatural ResourcesDescription
As oil and gas prices continue to rise the world needs more alternative energy sources that increase resiliency and decrease dependence on fossil fuels. Yotta Energy, a leader in intelligent energy storage technology for the rooftop commercial and industrial (C&I) market, has raised an additional $3.5 million, including a strategic investment from inverter OEM partner APsystems, bringing its total Series A investment to $16.5 million. Additionally, ESTCP awarded Yotta $1.97 million for a new solar + storage microgrid project at Nellis Air Force Base in Las Vegas, Nevada. With this funding Yotta will accelerate the scaling of its panel-level solar-plus-storage system, develop new technology, and increase its headcount.
Quick answer
Yotta Energy raised $1.97 Million in a Series A round, dated April 26, 2022. Yotta Energy is based in Austin, Texas, United States.
- How much did Yotta Energy raise?
- Yotta Energy raised $1.97 Million in a Series A round on April 26, 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.
- SinglePoint Inc. raised $707K (Seed) on May 11, 2022.
- Common Energy raised $17M (Funding Round) on May 10, 2022.
- Yes Energy raised an undisclosed amount on April 28, 2022.
- Sun King raised $260M (Funding Round) on April 27, 2022.
- South 8 Technologies raised $12M (Funding Round) on April 26, 2022.
- Palmetto raised an undisclosed amount on April 20, 2022.
Who to call at Yotta Energy, and when
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- 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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Funding Insights
What this usually meansYotta 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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