Aurora Solar aims to power the growing solar industry with a $250M round C
TechCrunch Startup News
Aurora Solar had one of those pitches that seemed obvious in retrospect. Instead of going to a house and measuring its roof manually for a solar panel installation, why not use aerial scans and imagery of the whole region?
This crypto monitoring startup — ‘We’re bomb-sniffing dogs’ — just raised Series A funding | Fireflies.ai raises $14M for its meeting transcription and automation service | Aurora Solar aims to power the growing solar industry with a $250M round C
The SaaS News Roundup
Solidus Labs, surveillance and risk-monitoring software that can detect manipulation across cryptocurrency trading platforms, raises $20 million in Series A. The firm in total has raised $23.75 million and stated that its funding will be used to double its headcount to address growing demand. This funding was led by Equity Partners.Fireflies.ai raises $14M for its meeting transcription and automation service. This round was led by Khosla ventures. In individual usage terms, around 35,000 organizations are represented amongst its user base. The firm’s model is a hybrid of SaaS and usage-based pricing. Aurora Solar raises $250M in series C and aims to power the growing solar industry. The funding round was led by Coatue. With the firm Historically being a design solution; the next phase, according to CEO Chis Hopper is to broaden that into a platform that covers more of the process of going solar. Zeta, a startup that helps banks and fintech firms launch products, raises $250 million in Series C and is the newest to attain the coveted unicorn status after closing a financing round. The round led by SoftBank Vision Fund 2. The new round valued the startup, which has offices in Bangalore and Dubai, at $1.45 billion. Zeta is the 14th Indian startup to become a unicorn this year as Tiger Global, Falcon Edge, and SoftBank accelerate their pace of funding in India, the world’s second-largest internet market. Mobile app market intelligence firm Sensor Tower has made its first acquisition. The company is acquiring Pathmatics, a market intelligence company that will now combine its paid digital and social media platform with Sensor Tower’s business. Deal terms were not detailed but include an undisclosed growth investment from Riverwood Capital into Pathmatics. The acquisition will allow the companies to offer an expanded set of digital and mobile advertising insights to their respective customers, including new social insights for TikTok, YouTube mobile, and Snap this year, powered by Sensor Tower. Salon-focused SaaS platform Glamplus on Monday raises Rs 2 crore in a pre-Series A round led by Inflection Point Ventures. Glamplus will use the fresh funds to enhance its product and tech capabilities and expand its business. It will also use it to scale to 3,000 partners in the next six months, along with a vertical expansion of its business line. Edtech startup Tekie raises $1.5M in a seed round led by GSV, Multiply Ventures. Tekie is a live coding platform that brings the art of storytelling to make learning a movie-like experience. The edtech startup has created the world’s first animated series on coding to teach text-based coding to kids. The firm plans to utilize the funds to scale its operation to support increasing demand and build a strong team to unlock the next level of growth.
Today on Point 01, Aaron Cohen sits down with Chris Hopper, Co-Founder, and CEO of Aurora Solar. Chris’s involvement in the Solar Power movement began ten years ago when working to electrify a school in East Africa. While this project was a resounding success, Chris became disillusioned with the logistics involved with executing the projects. This led Chris to found Aurora Solar, which has designed over 2 million solar systems to date. If you want to stay up to date with Aurora Solar, you can find them on Twitter @aurorasolarinc or at aurorasolar.com. Today’s Podcast is presented by Therma, a smart refrigeration monitoring company. Don’t forget to Like, Rate, and Subscribe to Point01 Podcasts. You can also find us on Twitter @Point0Podcast or on the web at climate.hellotherma.com.
#199: SunCast Live w/Aurora Co-Founder Today’s entrepreneur is Sam Adeyemo, Co-founder and COO of Aurora Solar. I’m sure many of you have heard of Aurora, as their flagship design software has been used to design over 2 Million solar projects since they launched in 2013! And believe me, they are just getting started. This interview introduces a lot of never-before-asked-on-SunCast questions and a lot of things that even Sam admits he hasn’t really talked about in public before. But today’s episode is even more special because it was also recorded in front of a live audience at the Aurora headquarters in San Francisco last month at our first ever SunCast Live event! Gain access to all the show notes & resources from this episode here - Join the Tribe? Check out Episode 86, in which I explain how YOU can become a SunCast Tribe member and support the growth and stability of SunCast moving forward! www.mysuncast.com/member to join today! If you like what you see and hear, please SHARE it with this pre-filled tweet!