Optivolt Raises $32 Million to Expand Solar Electronics Manufacturing

Photo: Mercom India

Optivolt, a power electronics company specializing in module-integrated solar electronics, raised $32 million in a Series A funding round led by VXI Capital, bringing total funding to $42 million. The company plans to expand manufacturing and deploy its Power Balancer technology across residential, commercial, and utility-scale solar systems, including AI data center projects. The technology optimizes energy management within solar modules to reduce losses from shading and weather.

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