Enteligent, a Morgan Hill, CA-based developer of solar power optimization and solar electric vehicle (EV) charging technologies, raised $7M in funding.
The round was led by Nova and Taronga Ventures.
The company intends to use the funds to fast-track the commercialization of its proprietary solar optimization platform and DC-to-DC solar hybrid bi-directional EV charger.
Led by Sean Burke, founder, and CEO, Enteligent is a developer of smart solar power optimization and solar EV charging technologies that increase energy utilization, improve returns on energy investments and enable paradigm shifts in the way people use energy for the upcoming green electrification revolution. Its NMax photovoltaic module power optimizers use smart digital technology to both dynamically adjust when to optimize and provide panel-level monitoring data, resulting in greater rooftop yield, more energy harvesting and higher system reliability.
The Enteligent EV charger takes DC electricity directly from solar with more usable energy, representing an ideal solution for residential, commercial, and industrial customers who want to maximize renewable energy output.
FinSMEs
02/02/2023