Sunverge Energy allows homeowners efficient management of their own renewable energy generation and helps utilities, retailers and solar power providers manage those renewable power sources and aggregate them into Virtual Power Plants across neighborhoods, communities and entire service areas - reliably, effectively and intelligently. Founded in 2009, the company makes the Sunverge Solar Integration System (SIS), a distributed energy storage and management appliance comprised of powerful storage batteries, power electronics, and system-management software running in the cloud. The Sunverge SIS lowers costs, increases energy reliability, strengthens the grid, and accelerates the adoption and integration of distributed renewable energy. Investors include the Australian Renewable Energy Agency (ARENA), SBCVC, Siemens Venture Capital and Total Energy Ventures International.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/10/16 | $36,500,000 | Series C |
Australian Renewable Energy Agency Siemens Venture Capital Softbank China Venture Capital Total Energy Ventures | undisclosed |
| 08/07/19 | $11,000,000 |
Ecosystem Integrity Fund Equinor Energy Ventures Evergy Ventures | undisclosed |
