Raptor Maps

⚡Raptor Recap With the end of 2024 and the start of 2025, we’re reflecting on a year of innovation, growth, and progress for both our team and the solar industry. Last year, we hit key milestones, including closing a $35 million Series C financing and analyzing over 70 GW of solar assets. Our platform identified power underperformances that can offset 3 million metric tons of GHG emissions, and we saw autonomous drones play a bigger role than ever with over 2,000 flights. Along the way, we enhanced Raptor Solar with 120+ new features, all designed to help our customers lower risks, costs, and losses. As we look ahead to 2025, we’re more energized than ever to scale solar efficiency and accelerate the energy transition. Thank you for joining us on this journey toward a more sustainable future.

🎉 Happy Holidays from Raptor Maps!  As 2024 comes to a close, we’re celebrating the incredible progress of the solar industry. This year, the Global Solar Council announced that 2 terawatts of Solar have been installed globally - with the U.S. alone installing 8.6 GWdc in Q3. We needed 68 years to reach 1 TW of installed capacity, but only 2 years to double it. ☀️ As we head into 2025, we thank you for contributing to a more sustainable future. Together, we’re building a world powered by solar energy. Here’s to an even brighter 2025!

“Our objective is being a high impact, durable company — one that can make a lasting impact over a long period of time.” - Blake Sturcke, Co-CEO at Encore Renewable Energy At last year’s RaptorCon, Blake Sturcke sat down with Raptor Maps CEO, Nikhil Vadhavkar, for a fireside chat on Encore’s journey from a developer to a vertically integrated IPP and how their impact and mission influence Encore's company identity. Some of the key topics included: 💡 Building internal capabilities in engineering, procurement, and asset management to unlock new opportunities and retain more project value 🔎 Balancing fast-paced growth with long-term sustainability when faced with the race towards our clean energy goals 🌱 Leveraging innovations like agrivoltaics to enhance project economics while supporting community needs Watch the full session and others here: https://lnkd.in/g5HtghGa Ready to elevate your industry knowledge? Join us at RaptorCon 2025 for a focused, two-day summit featuring expert-led sessions, exclusive insights, and curated networking with top solar leaders. Check out the full schedule and confirmed speakers on our event page. Seats are limited—secure yours today! ⚡ Learn more about RaptorCon 25 here: https://lnkd.in/ehxrUa5g

🌞 New Episode on the Raptor Report podcast 🎙️ In our latest episode, we interview Andy Klump, CEO and Founder of Clean Energy Associates (CEA), to break down critical trends shaping the solar industry. As a trusted partner for downstream buyers of solar equipment—including developers, IPPs, EPCs, and financial institutions—Andy brings a strategic perspective on navigating supply chain risks and leveraging new opportunities in solar manufacturing and operations. Tune in to learn about: 🔍 Navigating Solar Supply Chain Risks: From AD/CVD to quality control, Andy discusses the complexities developers face and how to mitigate them. 🤖 The Role of Robotics & AI: Discover how technology is addressing labor shortages, improving construction, and optimizing plant management. 🛠️ U.S. PV Manufacturing Growth: What’s next for domestic solar production under the IRA, and why cell manufacturing remains a critical bottleneck. Whether you're a developer, EPC, or investor, this episode is packed with actionable advice and industry trends you can’t miss! 🎧 Listen now: https://lnkd.in/grByz5jW #SolarEnergy #CleanEnergy #Podcast #SupplyChain #AI #Robotics #Renewables

Power up with other industry leaders at #RaptorCon 25! Take a break from the massive trade shows, and learn from some of solar’s most innovative companies in a focused, intimate setting at RaptorCon 25, the third edition of our annual summit. Join us for an electric two-day agenda, featuring more than a dozen industry speakers, networking sessions, and opportunities to exchange knowledge with other leaders from top solar companies. Here’s what you’ll get: 💡 Expert-led sessions on innovations, industry trends, and learnings to help you prepare for operating in the Terawatt Era 🤝 Engaging discussions on insights, ideas, and challenges with peers from the industry, making sure you leave RaptorCon with fresh perspectives 🔎 Curated audience to ensure the quality of conversations, as we restrict registration to only solar energy companies and cap attendance Seats are limited. Register using the link below to join other solar innovators. 📅 When: March 5-6, 2025 📍 Where: Chicago, IL Learn more: https://lnkd.in/ehxrUa5g

Thank you Chanel Damphousse, Saul Muskin, Jesse Teichman, Antonio Occhionero, Ken MacKinnon and the rest of the MKB team for your continued support. MKB has a demonstrated track record in climate innovation and direct experience across the #solar spectrum. They have been invaluable in getting Raptor Maps to this stage, and I'm excited to continue our journey together ⚜️ 🚀

🎊 Congratulations to Raptor Maps, a portfolio company of ENGIE New Ventures, on successfully closing a $35 million Series C financing round to advance its next-generation solar asset management solutions! This financing will consolidate Raptor Maps’ leadership position in driving performance improvements for large scale solar plants, through enhanced solar operations and maintenance using cutting-edge innovations. At ENGIE, we aim at significantly increasing our solar capacity worldwide (as part of our objective to reach 80 GW of renewable capacity by 2030), and we are deploying Raptor Maps to boost the performance of our solar plants. We are excited to see what the future holds as we continue driving the transition to a more sustainable energy future together! 👉 Read more about this exciting milestone here: https://lnkd.in/dKpTNxUx ENGIE Research & Innovation, Sheeraz H., Vincent Pichon, Pascal Renaud, Jaideep Sandhu, Johann Boukhors, Olivier Sala

Following up on our exciting Series C announcement from yesterday, check out Mohit Talwar's piece on why Maverix Private Equity chose to invest in Raptor Maps and how Raptor Maps fits into their thesis about Smart Cities, energy infrastructure, and physical asset management. 👇 -- "We believe the solar industry is poised to enter its third era of evolution. Transitioning from the early stages of small, hands-on facilities to larger, data-centric control centers, we envision a future of hyperscale, autonomous management in the solar industry. ... [Raptor Maps demonstrates] how mission-critical operating systems with a data flywheel can transform physical asset management."

☀️ Raptor Maps raises $35M to deliver autonomous future of solar Today, we’re thrilled to announce a $35M Series C funding round, led by Maverix Private Equity, with strong participation from our existing investors: MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. This milestone comes at a pivotal moment for the solar industry: ⚡ Unprecedented Growth: Booming electricity demand and record-low solar costs are driving clean energy adoption at a massive scale. 📈 Operational Complexity: Today’s solar projects are larger and installed more diverse geographies, and we are seeing increased frequencies of both expected and unexpected challenges that are impacting the financial performance of solar projects. 🛠️ The Need for Better Data: Raptor Maps is bridging the gap with human and machine intelligence—giving solar companies the tools they need to streamline operations, improve project returns, reduce costs, and keep workers safe. Our platform is already being used to manage leading solar portfolios across North America and beyond, and with the introduction of Raptor Solar Sentry, we’re revolutionizing how solar operations and maintenance teams work. By combining robotics, automation, and advanced analytics, we’re enabling double-digit gains in financial returns for asset owners. A Message from Our CEO, Nikhil Vadhavkar: “Our mission is to make solar energy the smartest and most competitive electricity source in the economy. With this funding and the trust of industry leaders, we’re accelerating the evolution of solar asset management—helping portfolios unlock the returns they were built to achieve.” We’re grateful to Maverix and our incredible investor group for their partnership as we scale our impact. This funding will fuel: 🚀 Expanded product development in automation, machine-learning insights, and work management. 🌟 Growing our team with investments in software engineering and data science talent. To our customers and partners: thank you for being part of this journey as we transform solar operations and shape the future of clean energy. Read more in our press release here: https://lnkd.in/g-ayRf3S #SeriesC #SolarEnergy #CleanEnergy #Automation #Innovation

🔒 Raptor Maps is again SOC 2 Type II certified! Achieving this gold standard in data security and privacy reflects our unwavering commitment to delivering secure, reliable solutions for the solar industry. A huge thank you to Johanson Group LLP for guiding us through this rigorous process and to our incredible team for making it happen. 💪 #DataSecurity #SolarInnovation #SOC2Compliance #CustomerTrust