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APsystems designs and manufactures advanced multi-platform Module Level Power Electronics (MLPE) solutions for the global solar photovoltaic industry. The company's core product offerings include a comprehensive range of microinverters, energy storage devices, and rapid shutdown systems. These intelligent and innovative technologies are engineered to optimize power conversion for solar panels, contributing to higher efficiency and reliability across diverse solar installations, from residential to commercial applications.
Founded in Silicon Valley in 2010, APsystems emerged from the insight that distributed solar energy systems required more sophisticated and robust power electronics. The company recognized the need for flexible, efficient, and safe energy conversion at the individual module level, leading to the development of its pioneering microinverter technology. This foundational understanding has guided APsystems' continuous innovation within the renewable energy sector.
The company serves a broad customer base, including professional solar installers and homeowners seeking robust solar energy solutions. APsystems' vision centers on leading the charge in whole home electrification by providing powerful, smart, and cost-effective products. It aims to set a new standard in solar technology, enabling users to maximize their solar investment and confidently transition towards a future powered by clean, distributed energy.
APsystems has 2 tracked investments across 2 companies. The latest tracked deal is $14.0M Series B in Meraki Integrated in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 25, 2023 | Meraki Integrated | $14.0M Series B | — | Allin Capital, Goodwe, HUI Capital, Shenzhen High Tech Investment |
| May 2, 2022 | Yotta Energy | $3.5M Series A Extension | Apsystems | — |