What is ERTHOS?
Founded in 2019, ERTHOS is a pioneering solar technology company that has introduced a paradigm shift in how solar power plants are constructed. By eliminating the need for traditional structural steel and mounting solar modules directly onto the earth, the company has developed a highly efficient, low-cost infrastructure model. This Earth Mount Solar PV system is complemented by an autonomous cleaning robot that ensures optimal module-level DC health, effectively maximizing energy yield while minimizing operational overhead. With a leadership team comprised of veterans from industry giants such as Tesla, Intel, and First Solar, ERTHOS is uniquely positioned to disrupt the global energy landscape by significantly lowering the barrier to entry for large-scale solar adoption.
How much funding has ERTHOS raised?
ERTHOS has raised a total of $48.9M across 3 funding rounds:
Series A
$7.4M
Series B
$17.5M
Other Financing Round
$24M
Series A (2019): $7.4M, investors not publicly disclosed
Series B (2022): $17.5M led by Capricorn Investment Group
Other Financing Round (2023): $24M supported by Capricorn’s Technology Impact Funds
Key Investors in ERTHOS
Capricorn Investment Group
A Palo Alto-based investment firm managing diversified portfolios for mission-aligned institutional investors, with a specialized focus on sustainable, climate-positive, and impact-driven ventures.
Capricorn’s Technology Impact Funds
A dedicated investment vehicle focused on backing high-growth technology companies that provide scalable solutions to global environmental and social challenges.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for ERTHOS?
Looking ahead, the recent capital injection will likely be deployed to expand the company's manufacturing capabilities and accelerate the commercial rollout of its Earth Mount Solar PV technology. As the global energy transition intensifies, ERTHOS is poised to capitalize on the increasing demand for sustainable, low-cost power solutions. The company's focus on integrating autonomous maintenance systems with its structural innovations suggests a long-term strategy centered on operational efficiency and data-driven performance. By continuing to optimize its supply chain and project delivery, ERTHOS aims to solidify its market position as a critical player in the decarbonization of the global electrical grid.
See full ERTHOS company page
