About Glint Solar
Glint Solar is a company based in Oslo (Norway) founded in 2020 by Harald Olderheim, John Modin, and Even J Kvelland.. Glint Solar has raised $11 million across 2 funding rounds from investors including Smedvig Ventures, Antler and Momentum Partners. The company has 3 employees as of December 31, 2020. Glint Solar offers products and services including Glint Solar Platform and BESS Tool. Glint Solar operates in a competitive market with competitors including Terabase, Charge Robotics, Erco, Solcast and SolView, among others.
- Headquarter Oslo, Norway
- Employees 3 as on 31 Dec, 2020
- Founders Harald Olderheim, John Modin, Even J Kvelland
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Sectors
TechnologyEnergy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Glint Solar As
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Nov 07, 2024
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Investors
Smedvig Ventures
& 5 more
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Employee Count
3
as on Dec 31, 2020
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Products & Services of Glint Solar
Glint Solar offers a comprehensive portfolio of products and services, including Glint Solar Platform and BESS Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for identifying and designing solar sites quickly.
Tool for creating preliminary battery energy storage system layouts.
Funding Insights of Glint Solar
Glint Solar has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $8.0M
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First Round
First Round
(13 Jun 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Glint Solar | Valuation | Smedvig Ventures | |
| Jun, 2022 | Amount | Seed - Glint Solar | Valuation | Momentum Partners , Wiski Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Glint Solar
Glint Solar has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Smedvig Ventures, Antler and Momentum Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided by Smedvig Ventures.
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Founded Year | Domain | Location | |
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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Glint Solar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Glint Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Glint Solar Comparisons
Competitors of Glint Solar
Glint Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Terabase, Charge Robotics, Erco, Solcast and SolView, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Web-based platform for solar power plant optimization is developed.
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| domain | founded_year | HQ Location |
Robots for solar farm construction are manufactured.
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| domain | founded_year | HQ Location |
Solar project construction platform is provided for energy initiatives.
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| domain | founded_year | HQ Location |
Solar forecasting APIs are provided by Solcast using satellite data.
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| domain | founded_year | HQ Location |
Offers solar data analytics platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Glint Solar
Frequently Asked Questions about Glint Solar
When was Glint Solar founded?
Glint Solar was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Glint Solar located?
Glint Solar is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Glint Solar?
Harald Olderheim is the current CEO of Glint Solar. They have also founded this company.
Is Glint Solar a funded company?
Glint Solar is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 13, 2022.
How many employees does Glint Solar have?
As of Dec 31, 2020, the latest employee count at Glint Solar is 3.
What does Glint Solar do?
Glint Solar was founded in 2020 in Oslo, Norway, and operates in the renewable energy sector. A cloud-based platform is provided for utility-scale solar developers to manage and streamline project workflows. Site analysis and identification are enabled, along with 3D visualizations featuring elevation profiling. Real-time pipeline tracking and blocker identification are supported to facilitate greenfield solar development.
Who are the top competitors of Glint Solar?
Glint Solar's top competitors include Terabase, Charge Robotics and Solcast.
What products or services does Glint Solar offer?
Glint Solar offers Glint Solar Platform and BESS Tool.
Who are Glint Solar's investors?
Glint Solar has 6 investors. Key investors include Smedvig Ventures, Antler, Momentum Partners, Futurum Ventures, and Wiski Capital.