Oslo-based Glint Solar has raised $3 million in a seed funding round.
The company specializes in fusing satellite data and AI into a software package that can identify and analyze potential solar project sites in a given region.
The fresh influx of photons will be aimed squarely at growing the team size as Glint ramps up sales efforts.
Since early 2020, Glint has raised a total of $4.2 million.
The platform allows customers to look through “tens of thousands” of possible project locations, per Kvelland whittling their options down to “very good” prospects, based on its ability to perform cost analysis and spot issues that could otherwise create major problems (or even derail a project) down the line.
Trusted by Scatec, TotalEnergies, and blueleaf energy, Glint combines satellite data provided by a range of different inter-governmental sources, for example, from the EU Copernicus program which includes the Sentinel satellites, with its proprietary AI to allow solar energy developers the ability to pinpoint specific areas of interest or screen large geographic sections for potential on both land and water.
The startup additionally offers the ability to locate grid connection points and conduct technical and financial analyses of proposed projects.
Glint Solar’s $3 million seed round includes Momentum, Wiski Capital, Statkraft Ventures, and existing shareholders including Link Venture Capital, Antler, and 547 Energy.
Read more on Tech Gist Africa: