Polar Racking Overview
- Year Founded
-
2009
- Status
-
Private
- Employees
-
61
- Latest Deal Type
-
Later Stage VC
- Investors
-
1
Polar Racking General Information
Description
Developer of mounting systems designed to provide custom solar plants that are modular, lighter, and quicker to install. The company's systems offer a diversified portfolio of rooftop and ground-mount products and also a suite of engineering collaboration tools, technical services, and installation support, enabling residential, commercial, and utility-scale markets to reap significant value at a lower cost per kWh.
Contact Information
Website
www.polarracking.comCorporate Office
- 6889 Rexwood Road
- Suite 5
- Mississauga, Ontario L4V 1R2
- Canada
Corporate Office
- 6889 Rexwood Road
- Suite 5
- Mississauga, Ontario L4V 1R2
- Canada
Polar Racking Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Later Stage VC | 01-May-2021 | Completed | Generating Revenue |
Polar Racking Patents
Polar Racking Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11855581-B2 | Solar panel support and drive system | Active | 18-Jul-2017 | ||
| US-20190052224-A1 | Solar panel support and drive system | Active | 18-Jul-2017 | ||
| US-20240266989-A1 | Solar panel support and drive system | Pending | 18-Jul-2017 | ||
| US-9628019-B1 | Photovoltaic panel racking system | Inactive | 09-Sep-2016 | ||
| US-9800201-B1 | Photovoltaic panel racking system | Inactive | 09-Sep-2016 | H02S20/24 |
Polar Racking Signals
Polar Racking Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| OYA Ventures | Impact Investing | Minority |
Polar Racking Acquisitions (2)
Polar Racking’s most recent deal was a Merger/Acquisition with AxSun Solar. The deal was made on 19-Jul-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| AxSun Solar | 19-Jul-2022 | Merger/Acquisition | Alternative Energy Equipment | ||
| Axsus | 19-Jul-2022 | Merger/Acquisition | Alternative Energy Equipment |
Polar Racking Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| AxSun Solar | Laupheim, Germany | 2004 |
Polar Racking FAQs
-
When was Polar Racking founded?
Polar Racking was founded in 2009.
-
Where is Polar Racking headquartered?
Polar Racking is headquartered in Mississauga, Canada.
-
What is the size of Polar Racking?
Polar Racking has 61 total employees.
-
What industry is Polar Racking in?
Polar Racking’s primary industry is Alternative Energy Equipment.
-
Is Polar Racking a private or public company?
Polar Racking is a Private company.
-
What is Polar Racking’s current revenue?
The current revenue for Polar Racking is .
-
Who are Polar Racking’s investors?
OYA Ventures has invested in Polar Racking.
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