- Raptor Maps raised $35 million in Series C funding, led by Maverix Private Equity, to enhance its solar park management software.
- The company plans to expand its machine learning analytics and strengthen technical teams to address solar asset underperformance.
- Raptor Maps’ solutions aim to boost solar park efficiency and maximise financial returns for asset owners using data-driven tools and robotics.
Raptor Maps, a solar software company, raised $35 million in Series C funding led by Maverix Private Equity. Investors such as MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator also participated.
The company plans to use the funds to enhance its software products and solve solar asset underperformance. Since its founding, Raptor Maps has focused on digitising and optimising solar parks across North America and globally.
One of the company’s key products, Raptor Solar Sentry, uses analytics and robotics to boost solar park efficiency. This technology helps asset owners close the gap between projected and actual returns, a recurring issue in the solar industry.
Nikhil Vadhavkar, CEO and co-founder of Raptor Maps, emphasised how the new funding will allow them to advance solar management tools. “This investment will strengthen our ability to improve solar park operations and increase returns for asset owners,” Vadhavkar stated.
Mohit Talwar, a partner at Maverix Private Equity, underscored the importance of this investment in the solar industry. He praised Raptor Maps for streamlining operations and maximising the value of solar assets.
Raptor Maps will use the capital to expand its machine learning-based analytics. The company also plans to strengthen its technical and operational teams to help solar park owners reduce operational expenses (OpEx) and boost financial returns.
Raptor Maps aims to equip solar park investors and managers with precise tools to improve asset performance. Their focus aligns with a global trend toward data-driven solutions for increasing renewable energy asset efficiency and profitability.
With this funding round, Raptor Maps takes a major step toward meeting the growing demand for higher solar investment returns. The company addresses some of the industry’s most persistent challenges by integrating advanced analytics with on-site robotics.
The solar sector continues to expand rapidly, but many assets fail to meet projected returns. Raptor Maps tackles this performance gap, helping asset owners maximise their investments.
Raptor Maps is leading the push to digitise solar park operations, allowing managers to oversee vast portfolios more accurately. The company’s technology enables real-time monitoring, predictive maintenance, and optimized performance, which are key to ensuring solar park success.
As the renewable energy market evolves, Raptor Maps focuses on analytics-driven solutions that reflect a broader shift toward more sophisticated asset management tools. The rise of solar installations requires better performance monitoring and optimisation strategies.
With this fresh capital, Raptor Maps aims to solidify its position as a leader in solar park management technology. The company plans to improve its existing tools while developing new solutions to meet the evolving needs of the solar industry.
This funding allows Raptor Maps to continue innovating in the solar sector, helping asset owners improve operational efficiency and maximise returns. The investment reflects the growing trend of leveraging advanced technology to enhance renewable energy profitability.