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Company	QBotix
Short Description	Developer of robotic technology to improve the operation and management of solar plants
Status	Out of Business
Year Founded	2010
Industry Group	energy & power
Sector	solar
TRL Range	9
Country	United States
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$18.5M
Last Stage Capital Raised	Series B round of $7M 2014
Investors	New Enterprise Associates (NEA), Firelake Capital Management, Siemens Venture Capital (SVC), Draper Nexus Ventures, US Department of Energy (DOE), E.ON Ventures, Iberdrola Ventures - PERSEO

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QBotix

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Short description

Developer of robotic technology to improve the operation and management of solar plants

Founded in 2010

Founded in

Company type Out of Business Public ()

Company type

Industry Group energy & power

Sector solar

TRL Range 9

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters Menlo Park, CA Menlo Park, United States

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Updated by Paul Breslow at QBotix on 06/20/2014

Edited by Cleantech Group on 08/19/2021

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4 financing events

13 investors

1 products

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Date		Company
		Can't find a company? Add a company Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save

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01/13/2014		Castillium Castillium 45 MW supply contract View source Confirmed by Castillium	Project Development	Delete

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05/15/2014	Firelake Capital Management Firelake Capital Management , New Enterprise Associates (NEA) New Enterprise Associates (NEA) , E.ON Ventures E.ON Ventures , Iberdrola Ventures - PERSEO Iberdrola Ventures - PERSEO , Draper Nexus Ventures Draper Nexus Ventures (5) Post-money valuation of The company intends to use the funds to expand the team, accelerate manufacturing ramp-up and market expansion. The total Series B round now stand at $12M. (source)	Series B	$7,000,000	Delete

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Product image	Name	Product status	Revenue model	Cost metrics
Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	Robotic Tracking System (RTS) Optimized dual-axis tracking system that utilizes a pair of robots to control up to 340 kW per block of commercial and utility-scale PV projects.	Wide Commercial Availability	Products - Wholesale	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Robotic Tracking System (RTS)

Optimized dual-axis tracking system that utilizes a pair of robots to control up to 340 kW per block of commercial and utility-scale PV projects.

Wide Commercial Availability

Products - Wholesale

$/kW (current)
$/kW (projected)
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Developer of robotic technology to improve the operation and management of solar plants

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