QBotix Raises $6.5M in Series A Financing

Published On September 4, 2012 |

QBotix, a Menlo Park, CA-based company that employs distributed robotics to improve the capabilities of the solar industry, has raised $6.5m in Series A financing.

Backers include New Enterprise Associates, Firelake Capital, Siemens Venture Capital, and DFJ JAIC.

The company, which is composed of solar industry veterans and robotics innovators from Silicon Valley, MIT, Caltech and Stanford, has just launched the QBotix Tracking System™ (QTS), a comprehensive dual-axis tracking system that employs rugged, intelligent and mobile robots to dynamically operate solar power plants and maximize energy output. It is available for commercial deployments.

Led by Wasiq Bokhari, CEO and founder, QBotix deployed its first grid-connected system in October 2011.

FinSMEs

04/09/2012

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