Nextracker Inc.

General Information
Company Name
Nextracker Inc.
Founded Year
2013
Location (Offices)
Fremont, United States +8
Founders / Decision Makers
Number of Employees
1172
Industries
Renewable Energy
Funding Stage
Post Ipo Equity
Social Media

Nextracker Inc. - Company Profile

Nextracker Inc.: Nextracker Inc. was founded in 2013 with the mission to transition the world to affordable, renewable power. The company specializes in developing high-performing and resilient solar tracking technologies and software for the renewable energy industry. Nextracker's sustainable tracker solutions are designed to conform to uneven terrain and withstand extreme weather, offering built-in resilience for its systems.

With its headquarters in the United States, Nextracker leads the solar industry with its innovative technologies that optimize and increase energy production while reducing costs for significant plant ROI. The company recently secured a $527.64M Post-IPO Equity investment on 28 June 2023.

Despite not disclosing specific investors for the latest investment round, Nextracker's commitment to revolutionizing the renewable energy sector remains evident. Its innovative approach and focus on sustainable solutions position the company as a key player in driving the transition to clean energy on a global scale.

Taxonomy: solar tracking systems, smart solar trackers, solar trackers, advanced software, data monitoring and control, global services, utility-scale solar, solar power plant performance, bifacial PV, clean energy, climate solutions, solar software, risk mitigation, wind engineering, renewable power

Funding Rounds & Investors of Nextracker Inc. (7)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $527.64M - 28 Jun 2023
Post-IPO Secondary $85.01M - 28 Jun 2023
Convertible Note $500.00M 5 TPG Rise Climate Fund, Sustainable Growth Fund +1 02 Feb 2022
Series C $10.52M 1 15 Jun 2015
Series B $25.00M 4 09 Feb 2015

View All 7 Funding Rounds

Latest News of Nextracker Inc.

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No recent news or press coverage available for Nextracker Inc..

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