About Icarus RT
Icarus RT is a company based in San Diego (United States) founded in 2016. It operates as a Green Energy-as-a-Service. Icarus RT has raised $170 thousand across 2 funding rounds from investors including Halliburton Labs. Icarus RT offers products and services including Solar Optimization System and Intuitive Software. Icarus RT operates in a competitive market with competitors including Abora, EchoFirst, Solarus, REhnu and IM Efficiency, among others.
- Headquarter San Diego, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Icarus Rt, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$170 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Nov 17, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Icarus RT
Icarus RT offers a comprehensive portfolio of products and services, including Solar Optimization System and Intuitive Software. 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.
Solar performance is enhanced by integrated technologies.
Energy systems are managed through intuitive software solutions.
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Funding Insights of Icarus RT
Icarus RT has successfully raised a total of $170K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in November 2021. 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 Seed — $100,000
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First Round
First Round
(30 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Seed - Icarus RT | Valuation | Halliburton Labs |
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| Jun, 2017 | Amount | Seed - Icarus RT | Valuation |
investors |
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| 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 |
Investors in Icarus RT
Icarus RT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Halliburton Labs. 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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Engineering consulting, mechanical testing, and manufacturing setup services are provided.
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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 Icarus RT
| 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 - Icarus RT
| 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 |
Icarus Rt Comparisons
Competitors of Icarus RT
Icarus RT 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 Abora, EchoFirst, Solarus, REhnu and IM Efficiency, 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 |
Manufacturer of hybrid solar panels
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| domain | founded_year | HQ Location |
Hybrid solar systems combining PV and thermal technologies are developed.
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| domain | founded_year | HQ Location |
Concentrated PV-thermal collectors are manufactured for hybrid solar energy systems.
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| domain | founded_year | HQ Location |
TPV technology developer with option to harvest both power and thermal heat
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| domain | founded_year | HQ Location |
Solar panels for trucks are manufactured by IM Efficiency.
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| domain | founded_year | HQ Location |
Dual-axis tracking PV-T solar systems are developed and provided.
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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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Frequently Asked Questions about Icarus RT
When was Icarus RT founded?
Icarus RT was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Icarus RT located?
Icarus RT is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Icarus RT a funded company?
Icarus RT is a funded company, having raised a total of $170K across 2 funding rounds to date. The company's 1st funding round was a Seed of $70K, raised on Jun 30, 2017.
What does Icarus RT do?
Solar energy performance is enhanced by Icarus RT, Inc. through the integration of photovoltaic and solar thermal technologies. Waste heat is harnessed, hot water is cogenerated, and energy is stored for on-demand use. Solutions are provided to double energy output, reduce payback periods, and cut CO2 emissions. The company operates in the renewable energy sector, focusing on solar optimization for clients and partners worldwide.
Who are the top competitors of Icarus RT?
What products or services does Icarus RT offer?
Icarus RT offers Solar Optimization System and Intuitive Software.
Who are Icarus RT's investors?
Icarus RT has 1 investor. Key investors include Halliburton Labs.