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Optivolt Raises $32M to Build the Brain for Solar Panels of the Future

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Optivolt Raises $32M to Build the Brain for Solar Panels of the Future

Series A led by VXI Capital, with backing from the people who built modern solar, including founding Enphase CEO Paul Nahi, former SunPower CEO Tom Werner and former New York energy czar Richard Kauffman

Nine years in the making, Optivolt’s energy intelligence turns passive solar hardware into adaptive power systems by managing energy in real time from within the panel

San Francisco — Optivolt, a power electronics company building the intelligence layer for solar, yesterday announced a $32M Series A led by VXI Capital, a new hard tech fund founded by the former CTO of the Defense Innovation Unit of the U.S. Military, with participation from RA Capital, Valo Ventures, and Atlas Innovate. This round brings Optivolt’s total capital raised to date to $42M.

The solar panel has become a commodity. Optivolt gave it a brain. Its Power Balancer embeds active power electronics directly into the panel, managing energy among cell groups in real time to recover power otherwise lost to shade, weather, dirt and uneven degradation. This creates a foundation for adaptive, connected solar systems. With more than 20,000 panels incorporating the Power Balancer already shipped, the company will use the new financing to expand manufacturing and bring the technology to solar systems at every scale, from individual homes to utility-scale projects designed to help power AI data centers.

“Solar became cheap enough to compete. I founded Optivolt to make it intelligent enough to power the world,” said Rohit Kalyanpur, founder and CEO of Optivolt. “For nine years, we’ve rebuilt the solar panel from first principles, embedding aerospace-grade power electronics so it can respond to Earth as it actually is, not the ideal conditions of a lab.


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