About Nextracker
Nextracker is a company based in Burleigh Heads (Australia) founded in 2017 was acquired by Nextracker in August 2024. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). Nextracker offers products and services including NX Horizon, NX Horizon-XTR, TrueCapture, and NX Navigator. Nextracker operates in a competitive market with competitors including 5B, Genex Power, MPower, EDL and MetroElectro, among others.
- Headquarter Burleigh Heads, Australia
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Sectors
Energy & 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 Nextracker Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Nextracker
(Aug 02, 2024)
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Products & Services of Nextracker
Nextracker offers a comprehensive portfolio of products and services, including NX Horizon, NX Horizon-XTR, TrueCapture, and NX Navigator. 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.
Advanced solar tracker for utility-scale energy projects deployed.
All-terrain solar tracker for challenging project site development.
Intelligent software optimizing solar plant performance and yield.
Control system minimizing weather risks and maximizing energy.
Funding Insights of Nextracker
| 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 Nextracker
Nextracker has secured backing from 1 investor. Prominent investors backing the company include Nextracker. 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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Solar panel tracking software is provided for monitoring and control.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Nextracker
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nextracker
| 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 |
Nextracker Comparisons
Competitors of Nextracker
Nextracker 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 5B, Genex Power, MPower, EDL and MetroElectro, 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 |
Solar energy projects are developed with innovative, efficient technologies.
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Renewable energy power projects are developed in Australia.
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Solar projects are developed, electrical systems supplied and installed.
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Wind and solar energy projects are developed by EDL.
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Solar PV projects are developed in Australia by MetroElectro.
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Develops and invests in renewable energy infrastructure across Australian projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nextracker
Frequently Asked Questions about Nextracker
When was Nextracker founded?
Nextracker was founded in 2017.
Where is Nextracker located?
Nextracker is headquartered in Burleigh Heads, Australia. It is registered at Burleigh Heads, Queensland, Australia.
Who is the current CEO of Nextracker?
Kym Plotkin is the current CEO of Nextracker.
What does Nextracker do?
Nextracker is established as a global leader in solar tracking systems, delivering intelligent and reliable solutions for renewable energy projects. The company specializes in utility-scale solar trackers like NX Horizon and NX Horizon-XTR, designed for diverse terrains and weather conditions. Software solutions such as TrueCapture and NX Navigator are developed to optimize energy yield and mitigate risks. Operating in over 40 countries, Nextracker supports developers, owners, and EPCs with innovative products and services. Sustainability is prioritized through low-carbon trackers and American manufacturing investments. Comprehensive foundation solutions and global services are provided to enhance project feasibility and profitability across the solar energy sector.
Who are the top competitors of Nextracker?
Nextracker's top competitors include 5B, Genex Power and MPower.
What products or services does Nextracker offer?
Nextracker offers NX Horizon, NX Horizon-XTR, TrueCapture, and NX Navigator.
Who are Nextracker's investors?
Nextracker has 1 investor. Key investors include Nextracker.
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