Funding Details
- Awarder
- StartEngine
- Date Award
- February 22, 2022
- Vertical
- Solar Shipping Solutions
- Funding URL
- View Funding Page
- Premoney Valuation
-
$18,500,000,000,000
- Valuation
-
$18,500,000,000,000
Company Info
- Founding Year
- 2022
- Traction
- The PVpallet team is ready to disrupt the solar shipping industry with a unique shipping solution that will become an asset to solar companies—not a landfill-bound liability. We have already begun receiving investments from major sources, including the U.S. DOE SETO program’s grant of $500K and $1M in VC funding from ISA Ventures.
- Organizations Involved
- U.S. DOE SETO program, ISA Ventures
- Founders
- Philip Schwarz, Luke Phelps, Ethan Wollbrink
- Company Description
- PVpallet is dedicated to disrupting the solar shipping industry with a recyclable, reusable, collapsible pallet system. Designed specifically to revolutionize the way solar panels are handled and distributed, industry-wide adoption of our unique product could reduce the wood waste created by the US solar industry by over 60 million pounds per year. PVpallet aims to improve efficiencies and reduce costs throughout the entire solar supply chain. PvPallet is currently undergoing testing and is making final modification to the injection molds. Full-scale manufacturing in planned to begin in Q1 2022.
- Market
- Solar Energy
- Location
-
Montrose,
IA,
US
- Coinvestors
- U.S. DOE SETO program, ISA Ventures
Links