SOLshare Overview
- Year Founded
-
2014
- Status
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Private
- Employees
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54
- Latest Deal Type
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2ndary - Private
- Investors
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20
SOLshare General Information
Description
Operator of an electricity trading platform intended to manage households and small businesses in densely populated off-grid villages. The company's platform uses distributed ledger technology and offers a flexible, stable, and sufficient electricity supply for lighting, phone charging, and entertainment, along with monetization of excess solar energy, enabling clients to create a network by sharing electricity and earning direct income.
Contact Information
Website
www.solshare.comCorporate Office
- LM Tower, 2nd Floor
- Ka/87, Joar Shahara Bazar Road Vatara
- Dhaka, 1229
- Bangladesh
Corporate Office
- LM Tower, 2nd Floor
- Ka/87, Joar Shahara Bazar Road Vatara
- Dhaka, 1229
- Bangladesh
SOLshare Timeline
SOLshare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 17. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 16. Later Stage VC (Series A) | 17-Jun-2025 | Completed | Generating Revenue | |||
| 15. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 14. Grant | Completed | Generating Revenue | ||||
| 13. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 12. Later Stage VC (Series B) | 26-Jun-2023 | Completed | Generating Revenue | |||
| 11. Grant | 14-Dec-2020 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | 01-Oct-2020 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 05-Jul-2020 | $113K | Completed | Generating Revenue | ||
| 8. Accelerator/Incubator | 24-Jul-2019 | $113K | $113K | Completed | Generating Revenue |
VC Exit Predictor
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SOLshare Comparisons
Industry
Financing
Details
SOLshare Competitors (5)
One of SOLshare’s 5 competitors is LevelTen Energy, a Venture Capital-Backed company based in Seattle, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LevelTen Energy | Venture Capital-Backed | Seattle, WA | ||||
| Arcadia Power | Venture Capital-Backed | Greenwood Village, CO | ||||
| LO3 Energy | Venture Capital-Backed | New York, NY | ||||
| Bondstein | Venture Capital-Backed | Dhaka, Bangladesh | ||||
| Tiger New Energy | Venture Capital-Backed | Dhaka, Bangladesh |
SOLshare Patents
SOLshare Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023148673-A1 | Battery blocking electronics for releasing and blocking a battery and method for same | Inactive | 07-Feb-2022 | ||
| US-20250149656-A1 | Battery lock electronics for releasing and locking a battery and method thereof | Pending | 07-Feb-2022 | ||
| DE-102022102785-B3 | Battery locking electronics for enabling and locking a battery and method therefor | Active | 07-Feb-2022 | H01M10/425 |
SOLshare Signals
SOLshare Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| EDP Starter | Accelerator/Incubator | Minority | ||
| New Ventures ( IT Consulting and Outsourcing) | Corporation | Minority | ||
| Planet Rise | Impact Investing | Minority | ||
| Sangam Ventures | Venture Capital | Minority | ||
| InnoEnergy | Impact Investing |
SOLshare Investments (1)
SOLshare’s most recent deal was a Joint Venture with Green Garments Initiative (Heartland / SOLShare) for . The deal was made on 08-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Green Garments Initiative (Heartland / SOLShare) | 08-Dec-2022 | Joint Venture | Alternative Energy Equipment |
SOLshare FAQs
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When was SOLshare founded?
SOLshare was founded in 2014.
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Where is SOLshare headquartered?
SOLshare is headquartered in Dhaka, Bangladesh.
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What is the size of SOLshare?
SOLshare has 54 total employees.
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What industry is SOLshare in?
SOLshare’s primary industry is Electric Utilities.
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Is SOLshare a private or public company?
SOLshare is a Private company.
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What is SOLshare’s current revenue?
The current revenue for SOLshare is .
-
How much funding has SOLshare raised over time?
SOLshare has raised $5.11M.
-
Who are SOLshare’s investors?
EDP Starter, New Ventures ( IT Consulting and Outsourcing), Planet Rise, Sangam Ventures, and InnoEnergy are 5 of 20 investors who have invested in SOLshare.
-
Who are SOLshare’s competitors?
LevelTen Energy, Arcadia Power, LO3 Energy, Bondstein, and Tiger New Energy are competitors of SOLshare.
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