Solar analytics startup Prescinto raises $3.5 mn in seed funding

BENGALURU: Solar analytics startup, Prescinto, has raised $3.5 million as part of a seed round, led by Venture Catalysts. Inflection Point Ventures, Mumbai Angels and LetsVenture also participated as a part of this round.

With the funding, the company plans to expand in international markets like the US with a single-minded focus on performance enhancement.

Prescinto is an artificial intelligence (AI)-powered clean energy Software-as-a-service (SaaS) platform that helps increase production of power for solar power plants. Through its platform, Prescinto claims to increase solar power plant generation by almost 7%.

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