About PowerOptimal
PowerOptimal is a company based in Johannesburg (South Africa) founded in 2014.. PowerOptimal offers products and services including Elon 100 and Elon Smart. PowerOptimal operates in a competitive market with competitors including Ecoflow, Bundu Power, Herholdts, Solartech and SolarTurtle, among others.
- Headquarter Johannesburg, South Africa
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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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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
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Products & Services of PowerOptimal
PowerOptimal offers a comprehensive portfolio of products and services, including Elon 100 and Elon Smart. 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.
Provides direct solar power for water heating without batteries.
Optimizes solar power for efficient geyser operation and management.
Funding Insights of PowerOptimal
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - PowerOptimal | Valuation |
investors |
| 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 PowerOptimal
PowerOptimal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Qamcom. 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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Diversified AI and IoT services are provided globally.
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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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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 PowerOptimal
| 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 - PowerOptimal
| 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 |
Poweroptimal Comparisons
Competitors of PowerOptimal
PowerOptimal 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 Ecoflow, Bundu Power, Herholdts, Solartech and SolarTurtle, 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 |
An online platform for energy storage solutions is offered.
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Solar powered products are manufactured by Bundu Power.
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Electrical products, solar solutions, and renewable energy systems are supplied.
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Solar powered products are manufactured for renewable energy applications.
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Containerized anti-theft solar power is provided for off-grid rural areas.
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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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Frequently Asked Questions about PowerOptimal
When was PowerOptimal founded?
PowerOptimal was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is PowerOptimal located?
PowerOptimal is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
What does PowerOptimal do?
PowerOptimal was established in 2014 and is headquartered in Johannesburg, South Africa. Operations are focused on the renewable energy sector, where solar photovoltaic modules are produced for various applications. Manufacturing processes are conducted to meet industry standards, with distribution handled primarily in regional markets. The companys activities support photovoltaic technology deployment in southern Africa.
Who are the top competitors of PowerOptimal?
PowerOptimal's top competitors include Ecoflow, Herholdts and Bundu Power.
What products or services does PowerOptimal offer?
PowerOptimal offers Elon 100 and Elon Smart.
Who are PowerOptimal's investors?
PowerOptimal has 1 investor. Key investors include Qamcom.