About STI Norland
STI Norland is a company based in Pamplona (Spain) founded in 1996 was acquired by Array Technologies in November 2021.. STI Norland offers products and services including STI H250, DuraTrack, OmniTrack, SmarTrack, and SkyLink. STI Norland operates in a competitive market with competitors including Nextracker, Array Technologies, Ideematec, Renkube and AgileSwitch, among others.
- Headquarter Pamplona, Spain
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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
*********
- Legal Name Stinorland India Private Limited
- Date of Incorporation 02 Jul, 2019
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-43.45 K (USD)6.49as on Mar 31, 2023
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EBITDA
$-41.04 K (USD)-158.75as on Mar 31, 2023
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Latest Funding Round
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Investors
Array Technologies
& 1 more
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Employee Count
Employee Count
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Acquired by
Array Technologies
(Nov 12, 2021)
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Products & Services of STI Norland
STI Norland offers a comprehensive portfolio of products and services, including STI H250, DuraTrack, OmniTrack, SmarTrack, and SkyLink. 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.
Advanced solar tracking system for optimized energy output.
Reliable tracker for large-scale solar installations worldwide.
Enhanced system for weather-resistant solar energy management.
Cloud-based tool for solar data analysis and risk management.
Support system for efficient solar array deployment.
Funding Insights of STI Norland
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Private Equity Round - STI Norland | Valuation | Aurica Capital |
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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 |
investors |
Investors in STI Norland
STI Norland has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Array Technologies and Aurica Capital. 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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Private equity investments are focused on expansion-stage offline firms.
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Founded Year | Domain | Location | |
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Solar trackers are manufactured for utility-scale solar installations.
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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 STI Norland
| 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 - STI Norland
| 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 |
Sti Norland Comparisons
Competitors of STI Norland
STI Norland 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 Nextracker, Array Technologies, Ideematec, Renkube and AgileSwitch, 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 panel tracking software is provided for monitoring and control.
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| domain | founded_year | HQ Location |
Solar trackers are manufactured for utility-scale solar installations.
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| domain | founded_year | HQ Location |
Solar tracking technology solutions provider
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| domain | founded_year | HQ Location |
Developer of solar panels with energy yield
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| domain | founded_year | HQ Location |
Developer of switch drivers for IGBT modules.
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| domain | founded_year | HQ Location |
Solar tracker developers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Sti Norland
Frequently Asked Questions about STI Norland
When was STI Norland founded?
STI Norland was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Where is STI Norland located?
STI Norland is headquartered in Pamplona, Spain. It is registered at Pamplona, Navarra, Spain.
What does STI Norland do?
STI Norland designs and manufactures solar trackers and fixed structures for large-scale solar projects. Products include centralized solar trackers, decentralized solar trackers, fixed structure monopoles and fixed structure bi-poles. Services provided include installation, monitoring, supervision and start-up. Claims to have sold over 2GW of solar trackers. Projects include a 7MW plant in Brazil, a 35MW plant in Israel and many others.
Who are the top competitors of STI Norland?
STI Norland's top competitors include Nextracker, Array Technologies and Helioslite.
What products or services does STI Norland offer?
STI Norland offers STI H250, DuraTrack, OmniTrack, SmarTrack, and SkyLink.
Who are STI Norland's investors?
STI Norland has 2 investors. Key investors include Array Technologies, and Aurica Capital.