[Funding News] OnSight Technology Raises Strategic Investment From Convective Capital

OnSight Technology, a leader in advanced solar monitoring and inspection announced a strategic investment from Convective Capital, a venture capital firm focused on funding startups solving the global wildfire crisis.

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“OnSight’s innovative technology and impressive track record in the solar industry make them an ideal partner for Convective Capital,” said Jay Ribakove, Principal at Convective Capital. “We’re excited to support the OnSight team as they continue to develop cutting-edge solutions that protect critical infrastructure and communities from the devastating effects of wildfires.”

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With Convective’s expertise in the wildfire technology space, the partnership will further strengthen OnSight Technology’s position as a trusted solution for the solar industry. Onsight management has years of experience and successful exits in the solar industry. CEO Derek Chase knows the problems the industry faces, particularly given the need to scale in the face of rapidly accelerating costs. He’s faced these same issues, and that was the impetus for Onsight.

“Convective Capital’s mission to fund startups tackling the growing threat of wildfires aligns perfectly with OnSight’s dedication to keeping solar assets and surrounding communities safe,” said Derek Chase, CEO of OnSight Technology. “We’re thrilled to have them on board as a strategic investor, and we look forward to working together to accelerate the adoption of our wildfire mitigation solutions.”

About OnSight Technology

OnSight Technology is an autonomous and tele-operated Unmanned Ground Vehicle (UGV) with a Radiometric thermal imaging camera and a optical zoom camera that uses Ai visual learning to detect, report, and observe issues and anomalies on Utility Solar Farms. At 1 mile per hour for up to 12 hours a day, the Robot can inspect up to 360 miles per month at extremely high resolution and detail with no humans on site. The total capabilities lead to the lowest cost and highest quality data in the industry.