Varentec, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Varentec, Inc. - overview
Established
2009
Location
Frisco, TX, US
Primary Industry
Electronics
About
Founded in 2009 by Bill Gates, Khosla Ventures, and 3M, and based in Texas, US, Varentec, Inc. is led by Guillaume Dufossé and it operates as a developer of electronics equipment for industrial applications and electric grid solutions. In November 2019, Varentec, Inc. raised USD 5 million in growth funding led by new investor WindSail Capital Group.
The company products and solutions features include grid edge support, peak demand reduction, energy savings, grid edge volt-VAR control, and high PV penetration. Grid edge control solutions - ENGO® (Edge of Network Grid Optimization) hardware and GEMS® (Grid Edge Management System) software for municipal utilities, cooperatives, and investor-owned utilities augment standard grid modernization systems, enhance energy and demand savings, and boost DER hosting capacity. Varentec, Inc. will use its funds raised in 2019 to accelerate the adoption of its Grid Edge Control solution.
Current Investors
Khosla Ventures, U.S. Department of Energy, Bill & Melinda Gates Foundation
Primary Industry
Electronics
Sub Industries
Green IT, Electronic Components, Computer & Related Peripherals, Web Applications, Software
Website
www.varentec.com
Verticals
Clean Technology
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Varentec, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| President of the Board of Trustees | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.