ESG & Investing

Drone-Launching Startup Raises $35 Million to Manage Solar Farms

  • Raptor Maps raised money for solar management software
  • Startup’s programs monitor large arrays to improve operations
Photographer: James MacDonald/Bloomberg
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Investors injected $35 million into a startup that sells software to manage the world’s increasingly vast arrays of solar panels.

Boston-based Raptor Maps Inc. raised the money in a Series C round led by Toronto-based Maverix Private Equity. The round was also backed by MacKinnon, Bennett & Co. Inc., Blue Bear Capital LLC, Congruent Ventures, Buoyant Ventures Inc. and Y Combinator Inc.