QBotix, based in Menlo Park, CA and led by founder and CEO Wasiq Bokhari, develops rugged, intelligent mobile robots branded as the Robotic Tracking System (RTS) for solar PV projects. The RTS is an optimized tracker system designed to improve project economics in commercial and utility‑scale solar power plants. The company has installed systems in the U.S. and Japan and is developing additional projects in the U.S., Europe, Mexico and Australia. QBotix raised $12M in Series B financing to support expansion and intends to use the funds to expand the team, accelerate manufacturing ramp‑up and pursue market expansion. The company is focused on scaling manufacturing and market deployment to commercialize its robotic tracker technology. Investor participation combines strategic utility players and existing venture backers, supporting both industrial validation and financial growth. QBotix develops distributed-robotics technology for the solar industry, focused on improving the operation and output of solar power plants. Its core product is the QBotix Tracking System (QTS), a comprehensive dual-axis tracking system that uses rugged, intelligent and mobile robots to dynamically operate solar installations. QTS has been launched and is available for commercial deployments. The company is composed of solar industry veterans and robotics innovators from Silicon Valley, MIT, Caltech and Stanford. Led by CEO and founder Wasiq Bokhari, QBotix deployed its first grid-connected system in October 2011. Financially, the company raised $6.5M in a Series A financing from institutional backers.

Total raised

$19M

Funding rounds

2

Latest round

Series B

Latest activity

May 2014