Nextracker

company

About

NEXTracker offers a breakthrough in horizontal tracking, with lower costs, better performance, and more flexibility for solar power plants.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$500M
Industries
Natural Resources,Renewable Energy,Software,Solar
Founded date
Oct 8, 2013
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
NEXTracker Inc.

Nextracker, a Flex company, provides intelligent solar tracker solutions for utility-scale and distributed generation projects that transform PV plant performance with advanced data monitoring and control software and global services.

Nextracker has been the number-one global market-share solar tracker company for several years running, according to research firm WoodMackenzie. We have delivered or fulfilled more than 35 GW of smart solar trackers for projects on five continents, including some of the largest solar farms in the world. Our TrueCapture and NX Navigator smart monitoring and control software platforms have revolutionized tracker performance, and represent our commitment to continuous innovation.

We’re creative, collaborative, committed problem-solvers from diverse backgrounds. And we’re on a mission to be the world’s leading energy solutions company delivering the most intelligent, reliable, and productive solar power for future generations. Headquartered in the San Francisco Bay Area, Nextracker has offices in Australia, Brazil, China, India, Mexico, and Spain.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$547.62M
Nextracker has raised a total of $547.62M in funding over 2 rounds. Their latest funding was raised on Feb 2, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 2, 2022 Series Unknown $500M 1 TPG Rise Climate Fund Detail
Jun 15, 2015 Series C $10.51M 1 ClearSky Detail
Feb 9, 2015 Series B $25M 4 SJF Ventures Detail
Dec 31, 2014 Series Unknown $5M Detail
Feb 21, 2014 Series Unknown $7.11M Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Nextracker has made 1 investments. Their most recent investment was on Jul 19, 2017, when Integrate raised $8M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 19, 2017 Integrate
Series D $8M Advertising

Investors

Number of Lead Investors
Number of Investors
3
6
Nextracker is funded by 6 investors. TPG Rise Climate Fund and ClearSky are the most recent investors.
Investor Name Lead Investor Funding Round
TPG Rise Climate Fund Yes Series Unknown
ClearSky Yes Series C
SJF Ventures Yes Series B
DBL Partners Series B
Sigma Partners Series B
Tennenbaum Capital Partners Series B

Employee Profiles

Number of Employee Profiles
13
Nextracker has 13 current employee profiles, including Board member Nancy Pfund
Board member
Executive
Board member
Board member
Executive

Acquisition

Nextracker has acquired 1 organizations. Their most recent acquisition was BrightBox Technologies on Aug 30, 2016. They acquired BrightBox Technologies for 0.

Date Company Name
Industry Acquisition Type Price
Construction acquisition Detail