GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point.
With federal tax credits declining and residential electricity costs up nearly 40% since 2021, homeowners are caught between expensive turnkey installers and bare-bones DIY kits that leave them stranded.
GigaWatt has spent nearly two decades building the infrastructure to fill that gap, and now it’s accelerating development of its own branded hardware and software to scale a leaner alternative.
The raise is being conducted under Regulation Crowdfunding and is open to both accredited and non-accredited investors, subject to applicable regulations. The offering is available through StartEngine, with a minimum investment of $500 and a maximum raise of up to $1,235,000 in non-voting Class B Common Stock.
GigaWatt plans to use the new capital to speed up development and certification of its Real Goods branded inverters, batteries, panels and the Real Goods Hub, a centralized software platform that connects hardware, streamlines support, and will integrate artificial intelligence to enhance diagnostics, system performance, and customer support.
Additional funding will be directed toward expanding research and development, engineering, sales, and marketing teams.
“Over the past twenty years, we’ve quietly built the infrastructure that makes solar and storage accessible and reliable for everyday homeowners and small installers,” said Deep Patel, Founder & CEO of GigaWatt Inc, in a statement. “This raise allows us to scale our integrated hardware and software platform faster, so more people can take control of their energy and build long-term resilience for their homes.”
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