Varentec logo — Providing innovative power solutions through forward-thinkin...

Varentec

Providing innovative power solutions through forward-thinking approaches and breaking traditional barriers.

Founded 2002 Venture round Total: $46.92M Energy, Manufacturing

General Information

Company Name Varentec
Founded Year 2002
Industries Energy, Manufacturing
Funding Stage Venture round
Social

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About Varentec

Varentec, describes itself as a company that offers innovative solutions for enhancing power distribution by reimagining conventional methods and overcoming traditional limitations to achieve more intelligent power delivery. Founded in 2002, the company operates in the Energy and Manufacturing industries. Its slogan emphasizes the commitment to providing innovative power solutions through forward-thinking approaches and breaking traditional barriers. The startup has attracted backing from notable investors including Bill Gates and Khosla Ventures, as well as support from the Department of Energy. Notably, Varentec secured a $5.00M Venture Round investment on 08 November 2019, with WindSail Capital participating as the lead investor. Overall, Varentec stands out as a promising player in the energy sector, leveraging innovative approaches and garnering support from influential industry figures and investors.

Business keywords: Power solutions, Innovation, Power distribution, Energy, Smart technology, Renewable energy, Investment, Bill Gates, Khosla Ventures, Department of Energy, Intelligent power delivery, Startup, Disruptive technology, Clean energy

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $5.00M 1
WindSail Capital
08 Nov 2019
Grant Undisclosed -
31 Jan 2017
Venture Round Undisclosed 1
Elemental Excelerator
01 Nov 2016
Series C $13.00M 3
Khosla Ventures, Bill Gates +1
14 Nov 2015
Debt Financing $4.00M 1
Square 1 Bank
24 Sep 2014
Series B $11.08M 2
Khosla Ventures, Bill Gates
10 Jun 2014
Series A $7.70M 1
Khosla Ventures
18 Jan 2012
Venture Round $6.13M -
09 Sep 2011
Venture Round Undisclosed 1
Khosla Ventures
01 Jan 2010

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FAQ About Varentec

Providing innovative power solutions through forward-thinking approaches and breaking traditional barriers.
Varentec was founded in 2002.
Varentec operates in Energy and Manufacturing. Its work centres on Power solutions, Innovation, Power distribution and Energy.
Varentec has completed 9 funding rounds, raising a total of $46.92M. The latest funding stage is Venture round.
Top alternatives and competitors to Varentec include Eco Wave Power, VoltServer Inc., GNE New Energy Technologies, Falcon Flywheels, SABELLA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Varentec and Eco Wave Power are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Varentec, https://bouncewatch.com/company/varentec, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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