New Sun Road is a for-profit public benefit company that builds, remotely operates, and optimizes distributed solar and microgrid systems using advanced analytics, AI, and remote monitoring. Its proprietary algorithms and predictive maintenance tools are designed to maximize output, minimize downtime, and manage fleets of systems. The company currently remotely operates over 900 stand-alone power systems and has deployments in more than 20 countries. With the Series A funding, New Sun Road plans to accelerate commercialization, expand its customer base, and scale operations across utility power, telecommunications, and microgrid deployments. Management also intends to invest in operational infrastructure and strategic partnerships to enable use cases such as EV charging optimization, aggregated grid services, and load management to increase renewable energy usage. The company emphasizes delivering cost-effective electricity and improving reliability for underserved communities while reducing wildfire risk.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

May 2023