What is Ojjo?
Founded in 2018, Ojjo, Inc. operates at the intersection of manufacturing and clean energy technology. The company provides advanced, custom-engineered foundations specifically designed for solar trackers. By optimizing the structural base upon which solar arrays are mounted, Ojjo addresses a fundamental bottleneck in large-scale solar deployment: the efficiency and speed of ground-mount installation. Their engineering-first approach allows developers to reduce project timelines and lower the total cost of ownership for utility-scale solar farms, positioning the company as an essential partner in the global transition toward sustainable power generation.
How much funding has Ojjo raised?
Ojjo has raised a total of $40.4M across 2 funding rounds:
Debt
$350K
Series C
$40M
Debt (2020): $350K with participation from PPP
Series C (2022): $40M led by Ajax Strategies and NGP ETP
Key Investors in Ojjo
Ajax Strategies
A strategic consultancy firm providing business development, crisis management, and growth optimization services to professional firms.
NGP ETP
A private equity firm focused on the energy sector, providing capital to companies driving innovation in the transition to sustainable power.
PPP
Public-Private Partnership
What's next for Ojjo?
With the recent infusion of capital, Ojjo is well-positioned to accelerate its manufacturing capabilities and expand its footprint in the competitive solar infrastructure market. The company is expected to leverage these funds to enhance its R&D initiatives, potentially introducing new foundation designs that accommodate increasingly diverse terrain types. As the solar industry continues to face pressure to lower levelized costs of energy, Ojjo's focus on structural efficiency will likely remain a key differentiator. Future strategic efforts will likely center on scaling production capacity to support the massive pipeline of solar projects currently in development across North America, ensuring that the company remains a cornerstone of the renewable energy ecosystem.
See full Ojjo company page
