PV Evolution Labs

Berkeley, United States Founded: 2009 • Age: 17 yrs Acquired By DNV GL
Independent testing services for solar photovoltaic modules are provided.
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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
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.18 M (USD)

    in 3 rounds

  • Latest Funding Round
    $35 K (USD), Seed

    May 31, 2012

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    DNV GL

    (Mar 17, 2014)

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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 Rounds 3
  • Last Round Seed — $35,000
  • First Round

    (08 Dec 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2012 Amount Seed - PV Evolution Labs Valuation

investors

Nov, 2011 Amount Seed - PV Evolution Labs Valuation

investors

Dec, 2010 Amount Seed - PV Evolution Labs Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PV Evolution Labs

PV Evolution Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DNV. 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.

All
Institutional
Investor Description Founded Year Domain Location
DNV is recognized for providing classification, certification, and advisory services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PV Evolution Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PV Evolution Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pv Evolution Labs Comparisons

Employees
+
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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. 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
domain founded_year HQ Location
Solar design simulation software solutions are provided for light management.
domain founded_year HQ Location
Inspection tools for photovoltaic manufacturing processes are supplied.
domain founded_year HQ Location
Solar module testing equipment is supplied to the photovoltaic sector.
domain founded_year HQ Location
Equipment for photovoltaic module testing is supplied to manufacturers.
domain founded_year HQ Location
Solar panel testing solutions are developed using innovative measurement tools.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pv Evolution Labs

Frequently Asked Questions about PV Evolution Labs

When was PV Evolution Labs founded?

PV Evolution Labs was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is PV Evolution Labs located?

PV Evolution Labs is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.

Is PV Evolution Labs a funded company?

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.

What does PV Evolution Labs do?

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.

Who are the top competitors of PV Evolution Labs?

PV Evolution Labs's top competitors include BT Imaging, Eternal Sun and Morgan Solar.

Who are PV Evolution Labs's investors?

PV Evolution Labs has 1 investor. Key investors include DNV.

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