About Yotta Energy
Yotta Energy is a company based in Austin (United States) founded in 2017.. Yotta Energy has raised $34.18 million across 15 funding rounds from investors including State of California, BlueScope and Doral Energy Group. Yotta Energy offers products and services including YOTTA BLOCK and MICROINVERTER. Yotta Energy operates in a competitive market with competitors including SunPower, Northvolt, A123 Systems, Verkor and Haven Energy, among others.
- Headquarter Austin, United States
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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 Yotta Energy Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.18 M (USD)
in 15 rounds
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Latest Funding Round
$8 M (USD), Series B
Sep 19, 2023
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Investors
State of California
& 13 more
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Employee Count
Employee Count
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Products & Services of Yotta Energy
Yotta Energy offers a comprehensive portfolio of products and services, including YOTTA BLOCK and MICROINVERTER. 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.
Distributed energy storage solution for demand charge reduction.
Three-phase inverters for solar modules with rapid shutdown.
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Funding Insights of Yotta Energy
Yotta Energy has successfully raised a total of $34.18M across 15 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Series B — $8.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Series B - Yotta Energy | Valuation | Evergy Ventures | |
| Nov, 2022 | Amount | Series A - Yotta Energy | Valuation | Austin Technology Incubator |
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| Aug, 2022 | Amount | Grant - Yotta Energy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Yotta Energy
Yotta Energy has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include State of California, BlueScope and Doral Energy Group. 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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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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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 Yotta Energy
| 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 - Yotta Energy
| 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 |
Yotta Energy Comparisons
Competitors of Yotta Energy
Yotta Energy 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 SunPower, Northvolt, A123 Systems, Verkor and Haven Energy, 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 |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for electric vehicles are manufactured and optimized.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| domain | founded_year | HQ Location |
Residential energy storage solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Energy resources distribution is managed through software and storage solutions.
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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 Yotta Energy
Frequently Asked Questions about Yotta Energy
When was Yotta Energy founded?
Yotta Energy was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Yotta Energy located?
Yotta Energy is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Yotta Energy a funded company?
Yotta Energy is a funded company, having raised a total of $34.18M across 15 funding rounds to date. The company's 1st funding round was a Grant of $1.23M, raised on Feb 21, 2018.
What does Yotta Energy do?
Yotta Energy was founded in 2017 and is based in Austin, United States. Operations center on the renewable energy sector, where panel-level storage systems known as SolarLEAF are developed. These systems incorporate wireless mesh transceivers for connectivity. A complementary software platform is utilized for remote monitoring and control of deployed units. Services target solar energy integration across residential and commercial applications.
Who are the top competitors of Yotta Energy?
What products or services does Yotta Energy offer?
Yotta Energy offers YOTTA BLOCK and MICROINVERTER.
Who are Yotta Energy's investors?
Yotta Energy has 14 investors. Key investors include State of California, BlueScope, Doral Energy Group, Evergy Ventures, and Cricetus Felix Ventures.