About SoliTek
SoliTek is a company based in Vilnius (Lithuania) founded in 2009 was acquired by Valoe in February 2019.. SoliTek offers products and services including Solar Panels, Battery Solutions, Energy Management Systems, and Integrated Solutions. SoliTek operates in a competitive market with competitors including Kyocera, ViaSolis and Solet Photovoltaics, among others.
- Headquarter Vilnius, Lithuania
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Soli Tek Industry Oü
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SoliTek
SoliTek offers a comprehensive portfolio of products and services, including Solar Panels, Battery Solutions, Energy Management Systems, and Integrated Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manufactures durable solar panels for residential and commercial use
Offers batteries for storing solar-generated energy
Provides AI-controlled systems for optimizing energy use
Delivers combined solar and storage for homes and businesses
Unlock access to complete
Unlock access to complete
Funding Insights of SoliTek
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $619,601
-
First Round
First Round
(01 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Grant - SoliTek | Valuation |
investors |
|
| May, 2018 | Amount | Grant - SoliTek | 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 SoliTek
SoliTek has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Valoe and European Union. 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Solar module equipment is manufactured and supplied globally by Valoe.
|
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 SoliTek
| 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 - SoliTek
| 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 |
Solitek Comparisons
Competitors of SoliTek
SoliTek 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 Kyocera, ViaSolis and Solet Photovoltaics, 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 |
Kyocera is engaged in providing technology solutions globally.
|
|
| domain | founded_year | HQ Location |
Manufacturer of PV glass and glass/glass solar modules
|
|
| domain | founded_year | HQ Location |
Manufactures monocrystalline solar modules and supplies to global energy clients with advanced technology.
|
| 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 Solitek
Frequently Asked Questions about SoliTek
When was SoliTek founded?
SoliTek was founded in 2009 and raised its 1st funding round 9 years after it was founded.
Where is SoliTek located?
SoliTek is headquartered in Vilnius, Lithuania.
Who is the current CEO of SoliTek?
Zilvinas Paliukas is the current CEO of SoliTek.
What does SoliTek do?
SoliTek was established in 2009 in Vilnius, Lithuania, where a production facility is operated for photovoltaic components. Solar cells and modules are produced, including monocrystalline and polycrystalline types. Glass-glass PV modules constructed with tempered glass are supplied for roof-based installations. Distribution occurs through the European market, focusing on renewable energy sector needs.
Who are the top competitors of SoliTek?
SoliTek's top competitors include Kyocera, ViaSolis and Solet Photovoltaics.
What products or services does SoliTek offer?
SoliTek offers Solar Panels, Battery Solutions, Energy Management Systems, and Integrated Solutions.
Who are SoliTek's investors?
SoliTek has 2 investors. Key investors include Valoe, and European Union.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.