Varentec

Providing innovative power solutions through forward-thinking approaches and breaking traditional barriers.

General Information
Company Name
Varentec
Founded Year
2002
Location (Offices)
Founders / Decision Makers
Number of Employees
-
Industries
Energy, Manufacturing
Funding Stage
Series Unknown
Social Media

Varentec - Company Profile

Varentec, describes itself as a company that offers innovative solutions for enhancing power distribution by reimagining conventional methods and overcoming traditional limitations to achieve more intelligent power delivery. Founded in 2002, the company operates in the Energy and Manufacturing industries. Its slogan emphasizes the commitment to providing innovative power solutions through forward-thinking approaches and breaking traditional barriers. The startup has attracted backing from notable investors including Bill Gates and Khosla Ventures, as well as support from the Department of Energy. Notably, Varentec secured a $5.00M Venture Round investment on 08 November 2019, with WindSail Capital participating as the lead investor. Overall, Varentec stands out as a promising player in the energy sector, leveraging innovative approaches and garnering support from influential industry figures and investors.

Taxonomy: Power solutions, Innovation, Power distribution, Energy, Smart technology, Renewable energy, Investment, Bill Gates, Khosla Ventures, Department of Energy, Intelligent power delivery, Startup, Disruptive technology, Clean energy

Funding Rounds & Investors of Varentec (9)

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Funding Stage Amount No. Investors Investors Date
Venture Round $5.00M 1 08 Nov 2019
Grant Unknown - 31 Jan 2017
Venture Round Unknown 1 01 Nov 2016
Series C $13.00M 3 Bill Gates, 3M New Ventures 14 Nov 2015
Debt Financing $4.00M 1 24 Sep 2014

View All 9 Funding Rounds

Latest News of Varentec

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No recent news or press coverage available for Varentec.

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