Optivolt has raised $32 Million in New Funding

According to filings with the U.S. Securities and Exchange Commission, Optivolt has raised $32 Million in new Series A funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the company’s current round of funding include: VXI Capital, RA Capital, Valo Ventures, and Atlas Innovate

About Optivolt
Optivolt designs intelligent home solar systems that adapt in real time to deliver more usable energy and long-term reliability. Its technology enables solar panels to share power intelligently between cells, helping systems perform more effectively in shaded conditions and generate up to 50% more annual energy than traditional solar and microinverter systems. The company provides cost-effective solar technology that can reduce household energy bills, support clean-energy use, and connect with more than 10 batteries through universal battery and inverter compatibility. Optivolt also offers a mobile app for real-time monitoring of system performance and energy savings, along with a 30-year warranty for added customer protection. According to the company, its systems can provide average bill savings of $180 per month, 99.9% system uptime, a six-to-eight-year payback period, and an average annual carbon offset of 3.2 tons.

To learn more, visit https://optivolt.com/
Linkedin: https://www.linkedin.com/company/optivolt/

Contact:
Rohit Kalyanpur, CEO
https://www.linkedin.com/in/rohitkalyanpur/

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