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Optimal Technologies
Optimal Technologies develops solutions to help power utilities, businesses, and consumers optimize their energy usage
About Optimal Technologies
Optimal Technologies, operating as Qoitech, is a Swedish company established to provide developers with effective tools for analyzing and optimizing energy consumption in battery-powered products. The company originated as a subsidiary of Sony Mobile Communication in 2017 and spun out as an independent entity in 2019. Qoitech was founded by Vanja Samuelsson, whose background is in product development within the telecom industry, with a recent focus on 5G and low-power IoT connectivity. This experience directly informs the company's mission to address the critical challenge of extending battery life in electronic devices.
The core of Qoitech's business is the Otii product suite, an energy optimization tool designed for hardware, firmware, and software developers. The business model involves selling hardware measurement tools combined with a software subscription service. The primary product, the Otii Arc Pro, is a compact and portable device that functions as a power supply, source measure unit (SMU), and data acquisition module. It enables users to power their devices while simultaneously measuring voltage and current with high precision, ranging from nanoamps to amps. This allows developers to profile the energy consumption of microcontrollers, sensors, and entire devices in real-time, identify what aspects of the hardware or software are draining energy, and ultimately extend battery life.
The Otii system serves a wide range of clients, from small product and design companies to Fortune 500 corporations across more than 65 countries. Its clients are typically involved in developing IoT devices and other battery-dependent electronics. The accompanying Otii software, which runs on Windows, macOS, and Ubuntu, visualizes the power consumption data and synchronizes it with device logs, such as UART logs, to correlate energy usage with specific operations. Qoitech offers different software tiers, including a basic free version and professional subscriptions (like the Otii Pro and Enterprise versions) that unlock advanced features such as battery profiling, simulation, scripting capabilities, and automation for continuous integration setups.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2000
- Headquarters
- San Antonio, United States
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Energy
- Sub-industry
- Energy Efficiency
- Sector
- Energy, Hard Tech
- Client focus
- b2b, b2c
- Links
- Website
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Oct 2007 | $25M | $100M | Goldman Sachs | ↗ |
Growth signals
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Series A1 investor entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
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