About Solar Power Technologies
Solar Power Technologies is a company based in Austin (United States) founded in 2009 by Jeff Williams was acquired by Draker in May 2012. It operates as a B2B. Solar Power Technologies has raised $6.08 million across 1 funding round from investors including Draker, Austin Ventures and Oxantium Ventures. Solar Power Technologies operates in a competitive market with competitors including Raptor Maps, Above Surveying, Sensyn Robotics, SenseHawk and XSun, among others.
- Headquarter Austin, United States
- Founders Jeff Williams
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Funding Insights of Solar Power Technologies
Solar Power Technologies has successfully raised a total of $6.08M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.08 million completed in January 2011. 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 1
- Last Round Series A — $6.1M
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First Round
First Round
(03 Jan 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2011 | Amount | Series A - Solar Power Technologies | Valuation | Austin Ventures , Oxantium Ventures |
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| 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 |
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Investors in Solar Power Technologies
Solar Power Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Draker, Austin Ventures and Oxantium Ventures. 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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Venture capital investments in Texas-based companies.
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Founded Year | Domain | Location | |
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Solar performance monitoring for commercial and utility systems is offered.
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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 Solar Power Technologies
| 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 - Solar Power Technologies
| 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 |
Solar Power Technologies Comparisons
Competitors of Solar Power Technologies
Solar Power Technologies 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 Raptor Maps, Above Surveying, Sensyn Robotics, SenseHawk and XSun, 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 |
Drone-based monitoring and inspection services for solar panels are provided.
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| domain | founded_year | HQ Location |
AI and drone-based solar monitoring and analytics services are provided.
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Provider of drone hub, related control software, and inspection solutions
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| domain | founded_year | HQ Location |
A unified platform for solar project lifecycle management is offered.
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| domain | founded_year | HQ Location |
Solar-powered autonomous UAVs are manufactured for diverse commercial uses.
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| domain | founded_year | HQ Location |
Offers asset management and monitoring for renewable energy projects globally.
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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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Latest news on Solar Power Technologies
Frequently Asked Questions about Solar Power Technologies
When was Solar Power Technologies founded?
Solar Power Technologies was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Solar Power Technologies located?
Solar Power Technologies is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Solar Power Technologies a funded company?
Solar Power Technologies is a funded company, having raised a total of $6.08M across 1 funding round to date. The company's 1st funding round was a Series A of $6.08M, raised on Jan 03, 2011.
What does Solar Power Technologies do?
Solar Power Technologies, established in 2009, excels in working in the energy sector, promoting renewable energy, solar power, and optimization solutions. Provides power optimization and monitoring solutions for solar energy systems. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Solar Power Technologies?
Solar Power Technologies's top competitors include Raptor Maps, XSun and Above Surveying.
Who are Solar Power Technologies's investors?
Solar Power Technologies has 3 investors. Key investors include Draker, Austin Ventures, and Oxantium Ventures.
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