Enteligent, a Morgan Hill, California-based company that creates solar-powered DC-to-DC chargers for EVs, has raised $6 million in capital. Taronga Ventures spearheaded the round.
The company plans to use the money to increase both its development and operational efforts.
Smart solar power optimization and solar EV charging technologies that boost energy utilization and enhance returns on energy expenditures are developed by Enteligent, which is led by CEO Sean Burke.
More rooftop yield, more energy harvesting, and more system dependability are the results of its NMax photovoltaic module power optimizers, which use intelligent digital technology to both dynamically alter when to optimize and give panel-level monitoring data.
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The bidirectional DC-to-DC powered bidirectional EV chargers from Enteligent allow for faster and more effective direct electrification using clean energy, recovering up to 25% of the electricity lost through conventional methods.
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As one of 12 businesses worldwide to take part in Taronga Ventures’ ESG Impact program in 2023, Enteligent was chosen by the program arm RealTechX.
Other program partners included APG, CapitaLand, CBRE, Dexus, International Towers, ISPT, Ivanhoé Cambridge, PGIM Real Estate, and Vicinity Centers. Enteligent sought to improve its ESG standing for the real asset sector through the program.
About Enteligent
Enteligent makes solar products that generate more and more efficient solar power. Enteligent develops smart solar power optimization and solar EV charging technology enhancing energy consumption, ROI, and enabling fundamental energy paradigm shifts for green electrification revolution.
