FundedIQ
Energy

Nextracker: Funding, Investors & Team (Sep 2026)

Nextracker, a Flex company, provides intelligent solar tracker solutions for utility-scale and distributed generation projects that transform PV plant performance with advanced data monitoring and control software and global services. Nextracker has been the number-one global market-share solar tracker company for several years running, according to research firm WoodMackenzie. We have delivered or fulfilled more than 35 GW of smart solar trackers for projects on five continents, including some of the largest solar farms in the world. Our TrueCapture and NX Navigator smart monitoring and control software platforms have revolutionized tracker performance, and represent our commitment to continuous innovation. We’re creative, collaborative, committed problem-solvers from diverse backgrounds. And we’re on a mission to be the world’s leading energy solutions company delivering the most intelligent, reliable, and productive solar power for future generations. Headquartered in the San Francisco Bay Area, Nextracker has offices in Australia, Brazil, China, India, Mexico, and Spain.

nextracker.com LinkedIn Fremont, United States 501-1000 employees
Natural Resources Renewable Energy Software Solar
Total raised
$500M
Rounds
1
Latest
Undisclosed round
Feb 2022

Nextracker has raised $500M across 1 funding round on record, the most recent an undisclosed round of $500M announced in Feb 2022.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Nextracker Company Profile and Key Stats

Total funding raised
$500M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$500M in Feb 2022
Employees
501-1000
reported band
Headquarters
Fremont, United States

Latest funding round on record: Feb 2022.

Nextracker Funding Rounds

Date
Round
Amount
Undisclosed round
$500M

Nextracker Founders and Leadership Team

Name
Role
Contact
Daniel Shugar
CEO
Locked

Contact details for the Nextracker team: 1 of 1 has an email address on file.

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Nextracker Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
29,722
$7.5M

Nextracker's latest round of $500M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Nextracker Funding FAQs

What does Nextracker do?

Nextracker, a Flex company, provides intelligent solar tracker solutions for utility-scale and distributed generation projects that transform PV plant performance with advanced data monitoring and control software and global services. Nextracker has been the number-one global market-share solar tracker company for several years running, according to research firm WoodMackenzie. We have delivered or fulfilled more than 35 GW of smart solar trackers for projects on five continents, including some of the largest solar farms in the world. Our TrueCapture and NX Navigator smart monitoring and control software platforms have revolutionized tracker performance, and represent our commitment to continuous innovation. We’re creative, collaborative, committed problem-solvers from diverse backgrounds. And we’re on a mission to be the world’s leading energy solutions company delivering the most intelligent, reliable, and productive solar power for future generations. Headquartered in the San Francisco Bay Area, Nextracker has offices in Australia, Brazil, China, India, Mexico, and Spain.

How much funding has Nextracker raised?

Nextracker has raised $500M across 1 round on record. The most recent is an undisclosed round of $500M announced in Feb 2022.

When did Nextracker last raise funding?

Nextracker's most recent funding round on record is an undisclosed round of $500M, announced in Feb 2022.

Who is the CEO of Nextracker?

Daniel Shugar is listed as CEO at Nextracker.

Where is Nextracker headquartered?

Nextracker is based in Fremont, California, United States.

How many employees does Nextracker have?

Nextracker is in the 501-1000 employee band.

How does Nextracker's funding compare to other Energy startups?

Nextracker's latest round of $500M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Nextracker Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nextracker is left off this page rather than filled in.

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