{"id":44160,"date":"2024-03-02T03:30:12","date_gmt":"2024-03-02T08:30:12","guid":{"rendered":"https:\/\/d56fg8tfg.fitnews.club\/business\/cleantech-engineering-firm-illumine-i-raises-2-million-in-series-a-funding-from-anicut-capital\/"},"modified":"2024-03-02T03:30:12","modified_gmt":"2024-03-02T08:30:12","slug":"cleantech-engineering-firm-illumine-i-raises-2-million-in-series-a-funding-from-anicut-capital","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/business\/cleantech-engineering-firm-illumine-i-raises-2-million-in-series-a-funding-from-anicut-capital\/","title":{"rendered":"Cleantech Engineering Firm Illumine-i Raises $2 Million in Series A Funding from Anicut Capital"},"content":{"rendered":"
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Nithish Sairam and Sudarsan Krishnan at a cleantech conference<\/p>\n<\/div>\n
Tesla and Sunrun alumni Nithish Sairam and Sudarsan Krishnan mark a pivotal moment as Illumine-i aims to redefine sustainable infrastructure<\/i><\/p>\n \u2014 Nithish Sairam<\/p>\n<\/div>\n AUSTIN, TEXAS, UNITED STATES, February 21, 2024 \/EINPresswire.com<\/a>\/ — Illumine-i<\/a>, a leading sustainable design and engineering firm, announced the successful conclusion of its Series A funding round led by Anicut Capital<\/a>, securing USD 2 million. Besides scaling operations and aiding expansion into new markets, the funds will help Illumine-i build innovative solutions to accelerate the deployment of clean energy projects by focusing on automation and digitalization.<\/p>\n “We’re thrilled to have the backing of Anicut Capital as we enter our next stage of growth. They resonate with our commitment of developing high-value community assets,” said Nithish Sairam, Founder & CEO of Illumine-i. “In the next 12 months, our goal is to lead builders towards integrated workflows, which would directly translate into reduced risk, reduced cost, and improved quality of assets for our customers.”<\/p>\n Founded in 2015 by former Tesla and Sunrun employees Nithish Sairam and Sudarsan Krishnan, Illumine-i started with a team of five designing low voltage power plants. Over the years, the company has honed its expertise across residential, commercial, community, industrial, and utility-scale solar PV installations. Additionally, Illumine-i has ventured into Battery Energy Storage Systems (BESS) and Electric Vehicle Charging Stations (EVCS). Presently, the company boasts a robust portfolio comprising 2 GW of installed capacity and over 120,000 projects executed across North America.<\/p>\n Specializing as an Owner\u2019s Engineer, Illumine-i provides a suite of services including civil, structural, and electrical engineering, feasibility studies, pre-construction drawings, engineering reviews, permit approvals, and construction coordination. With an in-house team of professional engineers, the company leverages a holistic approach to addressing challenges in sustainable energy infrastructure.<\/p>\n Beyond the power sector, Illumine-i has a 30 million sq. ft. portfolio, extending digital modeling, MEP engineering, and project management expertise to the Architecture, Engineering, and Construction (AEC) sector. <\/p>\n Adithya Bharadwaj, Vice President at Anicut Capital, highlighted Illumine-i’s position at the intersection of a rapidly growing global market and top-tier talent to capitalize on it. “Nithish and Sudarsan have built a very strong and scalable business in the renewable energy market. We look forward to supporting them as they expand into newer geographies, launch new offerings, and continue improving the end-to-end journey for customers.”<\/p>\n Nick Vardaro
Illumine-i
+1 781-258-3369
nvardaro@illuminei.com<\/a>
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