![]() He gave the example of Texas, which after the recent storms and blackouts had more inquiries per capita than anywhere else in the country. With heightened awareness about climate change there will be more interest in ways to mitigate it,” said Adeyemo. ![]() The new administration has thrown fuel on the fire of the industry’s optimism, and whether or not something like the Green New Deal comes to fruition, the fundamentally different approach to environmental and energy policy means there are more eyeballs directed at clean energy and consequently a lot of checks being written. Solar makes up about 2% of the U.S.’s power infrastructure, right now, but that’s on track to increase by an order of magnitude in the next 20 years. And that’s just a fraction of a fraction. Solar roof-tile and energy startup SunRoof closes €4.5M led by Inovo Venture PartnersĪurora has been used for evaluating about 5 million solar projects so far, about a fifth of which end up being built, Adeyemo estimated. Having developed algorithms that ingest the aforementioned data, the service they offer is a very quick turnaround on the tricky question of whether a solar installation makes sense for a potential customer, and if so what it might cost and look like, down to the size and angle of the panels. “Aurora’s core value proposition is the fact that you can do things remotely much faster and more accurately than if you traveled to the site,” explained co-founder and COO Sam Adeyemo. Aurora’s innovation wasn’t just using it, but assembling it into a cohesive system that’s simple and effective enough to be used widely by solar installers. Satellite imagery, aerial lidar scans, light and power lines and usage data and, of course, where and how the sun hits a given location - this information is readily available. There’s lots of data out there about the topography, physical and infrastructural, of most cities. The idea is simple enough to explain, but difficult to pull off. 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? That smart play earned them a $20 million A round, a $50 million B round and now, only six months later, a massive $250 million C round as they aim to become the software platform on which the coming solar power expansion will be run. ![]() Using Aurora, solar professionals can determine how many solar panels will fit on a property, forecast how much energy the solar system will produce, calculate how many batteries are needed for backup power, and show how much money their client will save by switching to solar.Aurora Solar had one of those pitches that seemed obvious in retrospect. In details, it enables solar companies to streamline the solar project lifecycle by making it easy to integrate disparate data sources, design accurate solar installations, and automate complex workflows. Led by Sam Adeyemo, CRO, and Chris Hopper, CEO, Aurora Solar is a technology company that enables solar professionals to remotely design and sell solar and storage projects. The company will use the funds to expand its product roadmap, continue to attract talent across all teams, expand sales and customer support, and build its leadership team. The round was led by Coatue, with follow-on participation from existing investors Iconiq Capital, Energize Ventures, and Fifth Wall. Aurora Solar, a San Francisco, CA-based software platform for solar sales and design, closed a $250m Series C funding round.
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