India · Semiconductors startup

Renkube

Renkube is a Bangalore-based startup founded in 2017, specializing in renewable energy technology.

Funding reportedLast round: Seed

SemiconductorsBengaluru, India

About Renkube

Renkube is a Bangalore-based startup founded in 2017, specializing in renewable energy technology.

The company focuses on enhancing solar panel efficiency through its innovative Motion Free Optical Tracking (MFOT) technology. This approach allows solar panels to passively track sunlight without mechanical movement, resulting in a significant increase in energy yield. Renkube's flagship product is an AI-powered light-harvesting solar panel featuring a unique groove and prismatic glass design. This design not only boosts energy generation by 40% compared to traditional panels but also operates maintenance-free, making it ideal for applications like agrivoltaics. The company provides B2B solutions, collaborating with solar panel manufacturers to integrate MFOT technology and offering machine learning-based remote monitoring services. Renkube aims to support the renewable energy industry by improving the price-performance ratio of solar panels and reducing the Levelized Cost of Energy for solar farms.

What company datasets say Renkube raised

Funding, as reported

Reported in all24Min the source's currency
Rounds1
Last roundSeed
Last round size300k
Last round dateAug 2022
Investors listed4

On 3 portfolio pages

Investors who name them

Each firm lists Renkube on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

solar technology innovationhardwareagrivoltaicsclean energy & technologyrenewable energy solutionsmotion free optical trackingmanufacturingsolar energy researchsolar panel design innovationinformation technology & servicesmachine learning algorithmssolar cell technology agnosticenvironmental servicessolar energy technologysolar panelsgreen hydrogen solar power

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Sector
Semiconductors
Industry code
NAICS 33531, 334413, 541715, SIC 3621
Region
Karnataka
Revenue
1M a year, as listed
Full record
Every detail in the company directory

Semiconductors in India

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