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DateInvestorsAmountRound

N/A

Spinout

€350k

Seed
N/A

€500k

Seed
*

€1.5m

Early VC
*

€1.5m

Early VC
*

€800k

Early VC
*

€8.0m

Early VC
Total FundingCAD19.0m

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Taylor.solar is a startup that operates in the renewable energy sector, specifically focusing on improving the efficiency of solar panels. The company's primary product is the Cell String Optimizers (CSOs), a technology that enhances the performance of solar panels by reducing the limitations caused by local shading, aging, and other factors such as chimneys, leaves, and micro-cracks. This technology allows each cell string to be optimized individually, preventing hotspots and short-circuits that can limit the performance of traditional solar panels.

Taylor.solar's business model revolves around selling these CSOs to both residential homeowners and housing corporations, particularly those with smaller roof areas where maximizing the yield per square meter is crucial. The company's product not only increases the energy output of solar panels by up to 20% but also provides real-time diagnostics for system owners and reduces the risk of fire due to temperature and maintenance shutdowns.

The company's innovative approach to solar energy optimization has been recognized and endorsed by industry players like Solis and Kemkens Solar, who have been involved in the testing and development phase of the product. This endorsement, coupled with the growing demand for renewable energy solutions, positions Taylor.solar favorably in the market.

In terms of revenue, Taylor.solar makes money by selling its CSOs to customers who want to maximize their solar energy output. The company's value proposition is clear: by investing in Taylor.solar's technology, customers can generate more power from their existing solar panels, thereby saving money in the long run.

Keywords: Solar Energy, Efficiency, Cell String Optimizers, Renewable Energy, Residential Homeowners, Housing Corporations, Real-time Diagnostics, Risk Reduction, Innovation, Energy Transition.

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