PVcase is a solar technology company that helps design, monitor and optimise solar power plants. Founded in 2018 in Lithuania, PVcase has expanded into 75 countries and serves over 1,000 customers, including some of the world’s largest solar developers.PVcase’s software tool enables faster and easier engineering processes for solar plant design, reducing the project time from weeks to minutes. The company also acquired US-based Anderson Optimization, a solar panel site evaluating company, to offer a one-stop shop for solar plant development.The company announced a $100m Series B funding round, led by Highland Europe, a London-based growth stage VC. Energize, a US energy-focused VC, Elephant, a US VC, and an existing investor also participated. The round is the largest in central and eastern Europe this year, and one of the largest ever scored by a Lithuanian company.
2023 • Series B
PVcase develops solar design software to help solar engineers and developers to estimate the performance of photovoltaic power plants.
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