Enteligent, a Morgan Hill, CA-based developer of solar-powered DC-to-DC chargers for electric vehicles (EVs), raised $6M in funding.
The round was led by Taronga Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Sean Burke, Enteligent is a developer of smart solar power optimization and solar EV charging technologies that increase energy utilization and improve returns on energy investments. 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. Enteligent’s bidirectional DC-to-DC powered bidirectional EV chargers enable direct electrification from clean energy to charge faster and more efficiently, recouping up to 25% of electricity lost by traditional means.
Enteligent was selected by Taronga Ventures’ program arm, RealTechX, as one of 12 companies internationally to participate in its ESG Impact program in 2023, whose program partners included APG, CapitaLand, CBRE, Dexus, International Towers, ISPT, Ivanhoé Cambridge, PGIM Real Estate and Vicinity Centres. Through the program, Enteligent worked to further refine its ESG positioning for the real asset sector.
FinSMEs
20/08/2024