About PV Evolution Labs
PV Evolution Labs is a company based in Berkeley (United States) founded in 2009 was acquired by DNV GL in March 2014. PV Evolution Labs has raised $1.18 million across 3 funding rounds from investors including DNV. PV Evolution Labs operates in a competitive market with competitors including Morgan Solar, BT Imaging, Eternal Sun, Atonometrics and Bright Spot Automation, among others.
- Headquarter Berkeley, United States
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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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Funding Insights of PV Evolution Labs
PV Evolution Labs has successfully raised a total of $1.18M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $35 thousand completed in May 2012. 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 3
- Last Round Seed — $35,000
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First Round
First Round
(08 Dec 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Seed - PV Evolution Labs | Valuation |
investors |
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| Nov, 2011 | Amount | Seed - PV Evolution Labs | Valuation |
investors |
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| Dec, 2010 | Amount | Seed - PV Evolution Labs | Valuation |
investors |
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Investors in PV Evolution Labs
PV Evolution Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DNV.
| Investor | Description | Founded Year | Domain | Location |
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DNV is recognized for providing classification, certification, and advisory services.
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Founded Year | Domain | Location |
Investments & Acquisitions by PV Evolution Labs
Financial Statements - PV Evolution Labs
Pv Evolution Labs Comparisons
Competitors of PV Evolution Labs
PV Evolution Labs 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 Morgan Solar, BT Imaging, Eternal Sun, Atonometrics and Bright Spot Automation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Solar design simulation software solutions are provided for light management.
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| domain | founded_year | HQ Location |
Inspection tools for photovoltaic manufacturing processes are supplied.
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| domain | founded_year | HQ Location |
Solar module testing equipment is supplied to the photovoltaic sector.
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| domain | founded_year | HQ Location |
Equipment for photovoltaic module testing is supplied to manufacturers.
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| domain | founded_year | HQ Location |
Solar panel testing solutions are developed using innovative measurement tools.
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Frequently Asked Questions about PV Evolution Labs
PV Evolution Labs was founded in 2009 and raised its 1st funding round 1 year after it was founded.
PV Evolution Labs is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
PV Evolution Labs is a funded company, having raised a total of $1.18M across 3 funding rounds to date. The company's 1st funding round was a Seed of $733.75K, raised on Dec 08, 2010.
PV Evolution Labs was founded in 2009 in Berkeley, United States, within the renewable energy sector. A platform for testing photovoltaic modules was maintained, focusing on solar PV power systems. Independent engineering and technical services were delivered to owners and investors, supporting system reliability and performance evaluations across operations.
PV Evolution Labs's top competitors include BT Imaging, Eternal Sun and Morgan Solar.
PV Evolution Labs has 1 investor. Key investors include DNV.