Enteligent, a Morgan Hill, CA-based company specializing in solar-powered DC-to-DC chargers for electric vehicles (EVs), has secured $6 million in funding.
The round was led by Taronga Ventures.
Focus on Expanding Operations and Development
The funds will be utilized to expand the company’s operations and further its development efforts. Enteligent, led by CEO Sean Burke, focuses on smart solar power optimization and EV charging technologies that enhance energy utilization and improve returns on energy investments.
Enteligent’s NMax photovoltaic module power optimizers use smart digital technology to dynamically adjust optimization processes, providing panel-level monitoring data that increases rooftop yield, energy harvesting, and system reliability. Their bidirectional DC-to-DC EV chargers offer a more efficient charging process, recovering up to 25% of electricity typically lost with traditional methods.
In 2023, Enteligent was chosen by Taronga Ventures’ RealTechX ESG Impact program, joining 12 other companies globally. The program, with partners like APG, CBRE, and Vicinity Centres, supported Enteligent in refining its ESG positioning within the real asset sector.