PVpallet (Equity)
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
Funding Amount
$807,955,540,000
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
Market
Solar Energy
Location
Montrose, IA, US
Coinvestors
U.S. DOE SETO program, ISA Ventures
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.

Links
Website
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