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Ojjo
Specializes in providing renewable energy using solar panel set up
About Ojjo
Ojjo, Inc. specializes in developing advanced Earth Truss systems designed to streamline the installation of solar foundations. The company's proprietary, patent-pending system includes underground anchors, above-ground legs, and a truss cap, which can be adapted based on soil type using either screw threads or helical flights. This technology eliminates the need for transporting foundation materials individually, significantly reducing cycle times and installation complexity. Ojjo's advanced motion control software ensures precise alignment and maximum insertion speed, even in challenging soil conditions like rock. This reduces subsurface risk and unforeseen costs, making solar projects more economically viable. Ojjo primarily serves solar energy companies looking to optimize their foundation installation processes. The company operates in the renewable energy market, leveraging a business model that focuses on selling its proprietary systems and software to solar project developers. Revenue is generated through the sale of these systems and associated services.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2018
- Headquarters
- San Rafael, United States
- Employees
- 42
- Open positions
- None listed
- Dealroom signal
- 65.2/100
- Industry
- Energy
- Sub-industry
- Energy Providers
- Sector
- Energy, Sustainable Development Goals, Climate Tech, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2024 | $119M | $119M | NEXTracker | ↗ |
| SERIES COther financing | Sep 2022 | $40M | $160M | Ajax Investment Strategies · NGP Energy Capital Management | ↗ |
Growth signals
Latest recorded traffic for Ojjo is 650 monthly website visits, up 4.8% over the last three months. Ojjo's team declined 28.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
- CVCthulhu Ventures
NGP Energy Capital Management
Ajax Investment Strategies
Other known investors1 additional known investor
NEXTracker
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ojjo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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