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Yotta Energy

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Developing modular energy storage devices designed to reduce cost and expand development of energy storage and solar micro-grids

Austin, United StatesFounded 2016Transportation
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Yotta Energy

Yotta Energy, founded in 2016 by Omeed Badkoobeh and Vikram Iyengar, is an Austin, Texas-based company specializing in distributed solar energy storage solutions. CEO Omeed Badkoobeh's background in the solar, energy storage, and electric vehicle sectors, including roles at Tesla and Evoke Electric Motorcycles, shaped the company's direction. His international experience highlighted the need for distributed clean energy, inspiring the development of Yotta's core technology.

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The company targets the commercial and industrial (C&I) market, which has a low adoption rate of solar and storage solutions despite high electricity consumption. Yotta's business model revolves around selling integrated hardware and software solutions through a network of certified developers and installers. This approach aims to reduce the significant soft costs—such as design, installation, and permitting—that often hinder the scalability of energy storage projects. Since its inception, the company has raised approximately $32.7 million over 14 funding rounds, including a Series B in September 2023, to scale manufacturing and deployment.

Yotta's flagship product line addresses a key challenge for commercial properties: the lack of space for traditional, bulky battery systems. The company has developed a modular, panel-level energy storage unit, formerly known as the SolarLEAF™ and rebranded as the Yotta Block. This 1kWh Lithium Iron Phosphate (LFP) battery integrates directly behind a standard photovoltaic (PV) panel, acting as a ballast block and eliminating the need for separate enclosures, cooling systems, or fire suppression equipment. A key feature is its patented passive thermal regulation technology, which uses a phase-change material to maintain the battery's optimal operating temperature in extreme weather conditions without consuming additional energy. This design has been validated by the National Renewable Energy Laboratory (NREL).

The ecosystem includes the Yotta Dual Power Inverter (DPI), a three-phase microinverter that connects with up to four PV modules and integrates seamlessly with the Yotta Block batteries. The entire system is managed by the YottaVision software platform, which provides remote monitoring, performance analytics, and real-time alerts for each module and battery. By offering a complete hardware and software solution, Yotta aims to make solar and storage adoption simpler and more cost-effective, potentially saving customers up to 40% compared to projects where storage is installed separately. The company has also expanded its offerings to include a line of commercial electric vehicle (EV) chargers, creating a comprehensive clean energy ecosystem for buildings.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Austin, United States
Employees
40
Open positions
13
Dealroom signal
80.7/100
Sub-industry
Clean Energy, Energy Efficiency, Energy Storage
Sector
Transportation, Solar Energy, Battery, Sustainable Development Goals, Urban Tech, Climate Tech, Stationary Energy Storage, Green Buildings, Electric Mobility, Residential Solar
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Sep 2023 $8M $65M EDP Ventures · WIND Ventures · Evergy Ventures · Doral Energy-Tech Ventures ↗
GRANT✓Other financing May 2022 $2M — ESTCP · US Department of War ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Yotta Energy website traffic

Latest recorded traffic for Yotta Energy is 2.9K monthly website visits, down 42% over the last three months. Yotta Energy's team grew 8.1% over the past year.

Latest monthly visits2.9K 3-month web change-42% 1-year team growth+8.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

23 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • EDP Ventures
  • Skyview Ventures
  • Fiftysix Investments
  • Leading Cities
  • US Department of War
  • ESTCP

Series A8 investors entered at this stage

  • WIND Ventures
  • Swan Angel Network
  • Riverstone Holdings
  • Doral Energy-Tech Ventures
  • APsystems
  • Evergy Ventures
  • SWAN Impact Fund
  • Cricetus Felix Ventures

Other known investors9 additional known investors

  • MassChallenge
  • Austin Technology Incubator
  • Creative Destruction Lab
  • EDP Starter
  • New Energy Nexus
  • Plug and Play
  • Southwest Angel Network
  • Starter Business Acceleration
  • Wells Fargo Innovation Incubator
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States97.2%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Yotta Energy 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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