QBotix

QBotix

United States
A solar panel that tracks the sun throughout the day produces up to 30% more electricity than one that does not. Solar project developers install single-axis tracking for most utility-scale sites, balancing upfront costs versus electricity revenues to maximize rates of return. QBotix disrupts today's cost curve of fixed-tilt, single-axis tracking, and dual-axis tracking with an innovative tracking solution that offers dual-axis tracking at single-axis price. This reduces the levelized cost of energy by 10-20% while providing the added benefit of higher reliability and system intelligence.
Founded date
01/01/2010
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Tom Currier, Wasiq Bokhari
Industry group
Energy, Hardware, Natural Resources, Software, Sustainability

Founding

Top 5 investors
Iberdrola, New Enterprise Associates, DNX Ventures, Firelake Capital Management, Next47
# of funding runds
3
Last founding
$12.000.000
Total funded
$23.500.000

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