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