Optivolt raises $32M to build a brain for solar panels

Optivolt has closed a $32M Series A led by VXI Capital with participation from RA Capital, Valo Ventures and Atlas Innovate, bringing total funding to $42M. Its Power Balancer embeds active power electronics inside the panel, redistributing energy among cell groups in real time to recover losses from shade, weather and dirt.

• $32M Series A brings total funding to $42M
• Power Balancer runs at 99.4% conversion efficiency
• Over 20,000 panels with Power Balancer already shipped
• 19 issued patents and 27 pending applications