Since that time, Tigo Energy has grown – expanding operations in US, across Europe, Japan, Korea and the Middle East. The company has introduced the Tigo Energy® MaximizerTM Solution for utility scale, commercial and residential systems. While the product offering has evolved, the team has stayed focused on making solar energy more affordable and manageable, contributing to the rapid percentage increase of renewable sources in the global energy mix. Tigo Energy is a technology provider, augmenting the current PV value chain with new capabilities that will increase the adoption of PV solar. The patented Tigo Energy Maximizer Solution brings up to 20% more energy output by maximizing power output of individual modules; active system management with panel level visibility and advanced performance analytics; and enhanced safety with arc prevention and system deactivation. The key technology break-though ensures these benefits are achieved with maximum reliability and conversion efficiency
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 06/03/08 | Series A | 6M | Threei 3i, Provider Venture Partners | Unknown |
| 06/01/10 | Series B | 10M | Unknown |