About Solartech
Solartech is an Energy & Utilities company based in Hermanus (South Africa) founded in 2006. Solar powered products are manufactured for renewable energy applications. It operates on a Direct-to-Consumer (D2C) and Franchise / Licensing model. Solartech offers products and services including Solar Geyser and Heat Pump. Its focus areas include Energy, Renewable Energy and Solar Energy. Its legal entity is Solartech Energy Technologies. Its competitors include Bundu Power, Herholdts and PowerOptimal.
Company details
Solartech is involved in the development and installation of solar energy solutions, primarily focusing on solar geysers and heat pumps. The company operates in both public and private sectors in South Africa, aiming to reduce greenhouse gas emissions and assist companies in achieving carbon neutrality. Solartechs expertise is applied to ensure sustainable hot water solutions even in varying weather conditions.
- Headquarters Hermanus, South Africa
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website solartech.co.za
- Social Facebook
- Legal Name Solartech Energy Technologies
- Latest Funding Round$48.47K (USD), Grant
Feb 2020
- Investors
Products & Services of Solartech
Solartech offers a comprehensive portfolio of products and services, including Solar Geyser and Heat Pump.
Solar geysers are used to heat water sustainably.
Heat pumps are provided for efficient energy solutions.
Funding Insights of Solartech
- Total Rounds 1
- Last Round Grant — $48,470
- First Round $48,470
(Feb 2020)
- Investors Count 1
All 1 funding rounds of Solartech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $48,470 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Solartech
Solartech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Solartech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Solartech
2 dated milestones of Solartech across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Solartech is founded.
- Funding First funding round of $48K.
Competitors of Solartech
Solartech has 3 listed competitors in our database. They include Bundu Power, Herholdts and PowerOptimal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bundupower.co.za | 2005 | Johannesburg, South Africa | Solar powered products are manufactured by Bundu Power. | |||
| herholdts.co.za | 1988 | Bloemfontein, South Africa | Electrical products, solar solutions, and renewable energy systems are supplied. | |||
| poweroptimal.com | 2014 | Johannesburg, South Africa | Solar PV modules are manufactured by PowerOptimal. |
Detailed competitors of Solartech
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Solartech
Solartech was founded in 2006 and raised its 1st funding round 14 years after it was founded.
Solartech is headquartered in Hermanus, South Africa. It is registered at Hermanus, Western Cape, South Africa.
Solartech is involved in the development and installation of solar energy solutions, primarily focusing on solar geysers and heat pumps. The company operates in both public and private sectors in South Africa, aiming to reduce greenhouse gas emissions and assist companies in achieving carbon neutrality. Solartechs expertise is applied to ensure sustainable hot water solutions even in varying weather conditions.
Solartech's top competitors include Herholdts, Bundu Power and PowerOptimal.
Solartech offers Solar Geyser and Heat Pump.
Solartech has 1 investor. Key investors include European Union.
Solartech operates through Solartech Energy Technologies.