Israeli Solar Panel Cleaning Tech Firm Raises $13 Million

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Israel-based Ecoppia yesterday said that it has raised $13 million, led by investors Swarth Group, GlenRock Israel, Gandyr Group, and Harel Group Insurance and Finance.

Ecoppia’s cloud-based and connected robots use a water-free cleaning process to remove dust from solar panels, using data analysis and machine learning.

The company ranked in the top 10 of the Deloitte Israel 2017 Technology Fast 50 list, which recognizes the 50 fastest growing technology companies in Israel. According to Deloitte, Ecoppia grew 1,604 percent from 2013-2016.

“We are thrilled to lead this round of investment,” a spokesperson for Harel Insurance & Finance Group said in a statement. “Ecoppia is a game-changer. They’ve successfully identified a critical need in the solar industry and created a reliable and cost-effective solution that contributes to lowering [levelized cost of energy] worldwide.”

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