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Ecoppia
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Short description

Developer of solar array cleaning robots

Founded in 2013
Founded in

Company type Public Public (ECPA)
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
TRL Range

Ticker

Headquarters Israel Herzlia, Israel
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Parent Companies

Updated by Anat Cohen Segev at Ecoppia on 07/12/2015

Edited by Cleantech Group on 12/04/2020

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Date Company
03/01/2014

Arava Power Company Arava Power Company

Confirmed by Arava Power Company

Partnerships
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Date Partner Type
11/06/2016
Engie Engie
Agreement with Solairedirect India, subsidiary of ENGIE, to deploy its automated system in the 10,000-hectare, 2,255 MW Bhadla Solar Park in Jodhpur, Rajasthan India.
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Confirmed by Engie
Technology Partner
Investment Rounds
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IPO INFORMATION

Date

12/01/2020

IPO status

Listed

IPO Type

IPO

Amount

$82.5M

Initial shares

Ticker symbol

ECPA

Exchange listed

TASE

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
07/21/2020 CIM Investment Management CIM Investment Management (1)
Post-money valuation of
Funding will be used for market growth.
Growth Equity $40,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Ecoppia E4

• Nightly cleaning removing 99% of dust • Unique water-free solution • Fully-automated fleet of robots • Energy-independent • Rapid ROI

Wide Commercial Availability Products - Retail
$40/kW (current)
$30/kW (projected)
$/kWh (current)
$/kWh (projected)
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