QBotix

Solar panels powered by robotics

Overview
Product Description

QBotix producted a solar panel that tracked the sun throughout the day to produce up to 30% more electricity than one that does not. Solar project developers would install single-axis tracking for most utility-scale sites, balancing upfront costs versus electricity revenues to maximize rates of return.

Quick Stats

2009

Started in

Sep, 2015

Closed in

11-50

Employee (s)

$23,500,000

Total Raised

Question asked • Startup Failure207 views

Why did Qbotix fail?

Follow This Question - 0
Evan Lee
Updated on 15 Aug, 2017
Scaling Problems
Engineering
Customer Acquisition
1 Upvote
Investors - 7
Funding Rounds - 3

Series A - $6,500,000

Series A - $5,000,000

Series B - $12,000,000