Raptor Maps secures $35 million to optimize solar asset management

Raptor Maps, a company specializing in software for solar parks, announces a $35 million Series C funding round led by Maverix Private Equity, aimed at improving solar asset productivity through advanced analytical solutions.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Raptor Maps, a company focused on developing software solutions for solar park management, has closed a $35 million Series C funding round. The funding was led by Maverix Private Equity and supported by existing investors, including MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator.

The primary goal of this funding is to accelerate product development aimed at addressing the frequent underperformance of solar assets. Since its founding, Raptor Maps has been dedicated to digitizing and optimizing solar portfolios across North America and internationally.

Addressing underperformance challenges

One of the company’s flagship products, Raptor Solar Sentry, is designed to enhance the operational efficiency of solar parks by combining analytical tools with robotic technologies. This software aims to close the gap between expected and actual returns, a recurring issue for asset owners.

Nikhil Vadhavkar, CEO and co-founder of Raptor Maps, stated that the funding will enable the company to further enhance its software offering and improve operational management capabilities for solar parks. He also emphasized the industry’s need to maximize investment profitability.

A strategy supported by key investors

Mohit Talwar, partner at Maverix Private Equity, highlighted the strategic importance of this investment for the solar market. He emphasized the platform’s role in streamlining operations and maximizing the value of existing assets.

The company plans to utilize the funds to expand its machine-learning-based analytical capabilities while strengthening its technical and operational teams. These improvements aim to support solar park owners and operators in managing operational expenditures (OpEx) and optimizing financial returns.

Applications focused on operational efficiency

By focusing on data-driven solutions, Raptor Maps seeks to provide investors and managers with tools for more precise and predictive solar park management. This approach aligns with a global trend toward leveraging advanced technologies to meet the sector’s growing demands for performance and return on investment.

Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.
Statkraft France won a 15.5 MWc solar project in Mourmelon-le-Grand during the latest national tender round, bringing its total awarded capacity to nearly 70 MWc in less than a year.
Solar growth in Central Europe has doubled that of the European Union since 2019, reshaping the energy mix and boosting battery manufacturing in the region.
Canadian energy producer Cordelio Power has completed commissioning of its Winfield solar project, a 150 MW facility backed by a 15-year contract with Microsoft and a $313mn structured financing deal.
Platform Anza surpassed its 2024 volume in just eight months, responding to developers’ urgency to secure projects ahead of regulatory and fiscal changes expected in 2026.
US-based AGCO has signed a ten-year virtual power purchase agreement with BRUC, covering a 100 MW solar project in Spain, to secure part of its European energy consumption.
Canadian developer Innergex has won all six projects of the Grenier des Essences portfolio for a total of 85 MW, strengthening its position in France’s ground-mounted solar sector.
Canadian Solar unveils its new low-carbon solar modules integrating heterojunction cells and thinner wafers, achieving up to 24.4% efficiency and a peak power output of 660 Wp.
Elmya Energy and Atlantica Sustainable Infrastructure have created a joint venture targeting 4 GW of renewable energy projects in the United States, focused on the ERCOT and WECC markets.
Louth Callan has completed the Mousam River solar project in Sanford, marking a key milestone in the deployment of utility-scale energy infrastructure across the United States.
The state regulator has approved five new solar power purchase agreements to support growing demand under the CARES programme, targeting industrial and commercial clients.
With the commissioning of the El Carrizo plant, Ecoener surpasses 500 MW in installed capacity and becomes the most active Spanish investor in Guatemala’s energy sector.
Aspen Power has finalised the acquisition of two community solar projects totalling over 1 MWdc in New Jersey, developed by Ecogy Energy, with construction expected to begin shortly.
French developer Tenergie has started work on a ground-mounted solar plant at a former quarry, with expected annual output of 7.6 GWh from 2026.
Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.
VSB Italy has obtained authorisation to build a 6.2 MW agrivoltaic plant in Città della Pieve, combining solar power generation and agricultural cultivation on 10.6 hectares.
Ameren Missouri announces a 250 MW solar project to power 44,000 homes, reducing delays and costs through strategic development on company-owned land.
Verso Energy has inaugurated an experimental solar power plant in Outarville, testing the integration of photovoltaic panels across three hectares of large-scale crops with a 90% self-consumption rate.
Independent power producer R.Power is selling a 440MW ready-to-build photovoltaic portfolio in Poland, as political uncertainties drive a wave of divestments in the national renewable energy market.
Grenergy has finalised the sale of the fourth phase of its hybrid solar-storage project in Chile to CVC DIF, valued at up to $475mn, while retaining operation and maintenance for five years.

Log in to read this article

You'll also have access to a selection of our best content.