About Solavio labs
Solavio labs is a company based in Coimbatore (India) founded in 2018. Solavio labs has raised $265.33 thousand across 4 funding rounds from investors including Techstars, Energia Ventures and New Brunswick Innovation Foundation. Solavio labs offers products and services including Autonomous Solar Cleaning Bot and Modular Solar Cleaning System. Solavio labs operates in a competitive market with competitors including Ecoppia, Sunpure, Skilancer Solar, Aegeus Technologies and Airtouch, among others.
- Headquarter Coimbatore, India
- Stage Minicorn
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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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Social
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- Legal Name Solavio Labs Private Limited
- Date of Incorporation 10 May, 2016
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$23.87 K (USD)0as on Mar 31, 2020
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Net Profit
-$28.18 K (USD)-1450.79as on Mar 31, 2020
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EBITDA
-$28.37 K (USD)-1461.21as on Mar 31, 2020
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Total Equity Funding
$265.33 K (USD)
in 4 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2023
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Investors
Techstars
& 6 more
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Employee Count
Not available
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Products & Services of Solavio labs
Solavio labs offers a comprehensive portfolio of products and services, including Autonomous Solar Cleaning Bot and Modular Solar Cleaning System.
Bot cleans solar panels autonomously to prevent efficiency losses from dust.
System adapts to various structures for effective panel cleaning.
Funding Insights of Solavio labs
Solavio labs has successfully raised a total of $265.33K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. 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.
Investors in Solavio labs
Solavio labs has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Techstars, Energia Ventures and New Brunswick Innovation Foundation.
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Seed-stage startups are funded by sector-agnostic VC investments.
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Investor details for Solavio labs
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Investments & Acquisitions by Solavio labs
Investment portfolio details for Solavio labs
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Financial Statements - Solavio labs
Detailed financials for Solavio labs
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Solavio Labs Comparisons
Peer comparison for Solavio labs
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Competitors of Solavio labs
Solavio 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 Ecoppia, Sunpure, Skilancer Solar, Aegeus Technologies and Airtouch, among others.
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AI-powered robots for water-free solar panel cleaning are provided.
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Provider of AI-based photovoltaic intelligent cleaning robots
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Indigenous robotics and automation for solar power plants are provided.
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Provider of AI and cloud-based solar cleaning robots
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Autonomous robotic solutions for waterless solar panel cleaning are offered.
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Autonomous solutions for solar panel cleaning and inspection are developed.
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Detailed competitors of Solavio labs
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Latest news on Solavio Labs
Complete news archive for Solavio labs
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Frequently Asked Questions about Solavio labs
Solavio labs was founded in 2018.
Solavio labs is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Solavio labs is a funded company, having raised a total of $265.33K across 4 funding rounds to date.
Annual revenue of Solavio labs is $23.87K as on Mar 31, 2020.
Solavio Labs was founded in 2018 in Coimbatore, India, and operates within the solar technology sector. Autonomous modular solar cleaning bots are developed and manufactured by the company to address cleaning needs on tilted or mounting structures across multiple environments. Operations focus on engineering solutions for solar panel maintenance, with production centered in India to support regional and global installations.
Solavio labs's top competitors include Aegeus Technologies, Ecoppia and Skilancer Solar.
Solavio labs offers Autonomous Solar Cleaning Bot and Modular Solar Cleaning System.
Solavio labs has 7 investors. Key investors include Techstars, Energia Ventures, New Brunswick Innovation Foundation, Monika Divyangkumar Dave, and Instill Technologies.
The valuation of Solavio labs is $1.34M as of Jan 2020.