This press release was issued by Quantified Energy, a startup based in LaunchPad @ One-North.
Quantified Energy (QE), a Singapore-based deep-tech company at the forefront of drone and AI-driven solar inspection technology, today announced new strategic investments from Asian Development Bank Ventures (ADBV) and Beacon Venture Capital (Beacon VC), the corporate venture arm of Thailand’s KASIKORNBANK (KBank). This milestone signals growing institutional confidence in Southeast Asia’s clean-energy data infrastructure and the critical role of data in scaling renewable energy finance.
ADB Ventures and Beacon VC join Vertex Ventures Southeast Asia & India (VVSEAI), which led QE’s initial Series A closing in May 2025 and participated in this second closing. The expanded investor consortium underscores the company’s pivotal role in advancing the financial resilience and bankability of solar assets worldwide. QE has now successfully closed its Series A funding round, raising a total of $6 million.
The capital accelerates the integration of Quantified Energy’s patented autonomous drone Electroluminescence (EL) mapping solution and AI analytics into existing quality assurance and control protocols of large-scale solar power plant investment. This solution acts as a precise “X-ray” for solar power plants, revealing PV module internal damage invisible to the naked eye and alternative inspection methods. With this critical capability, solar asset owners, insurers and financiers can make informed decisions about asset health early, supporting long-term performance, bankability and risk mitigation across the assets’ 25-30 year lifecycles.
Dr. Yan Wang, CEO of Quantified Energy, commented on the new investment: “We are honored to have the support of respected financial institutions like ADB, KBank’s Beacon VC, and our Series A lead Vertex Ventures. Our goal is to make every solar asset as transparent and trustworthy as any other financial product. This investment reinforces our belief that quality assurance is not just a technical metric — it is the foundation of bankability. This partnership will help us accelerate the adoption of rigorous, data-driven best practices for solar assets globally.”
This strategic investment validates the company’s approach, with both ADB Ventures and Beacon VC emphasizing the role of data in the energy transition.
“Solar energy is scaling rapidly globally, but undetected module defects lead to billions in lost revenue. Quantified Energy’s drone-based diagnostics enable early detection of failures before they cascade—protecting investment returns and recovering clean energy generation that supports emissions reduction,” said Yichu Zhang of ADB Ventures. “We backed QE for their exceptional team and because they address a critical industry challenge with technology that’s both commercially viable and climate-essential—exactly the kind of innovation needed to accelerate Asia’s renewable energy transition.”
“Quantified Energy is one of the most exciting investments from our impact mandate,” said Mr. Thanapong Na Ranong, Managing Partner of Beacon Venture Capital. “QE’s innovative solution is transforming the solar industry by enabling operators to detect and address potential issues before they affect energy production. Through this proactive approach, QE is not only improving operational efficiency but also strengthening the overall viability and scalability of solar energy. This investment will empower QE to expand its cutting-edge solutions across Southeast Asia, reinforcing our commitment to supporting impactful technologies that advance sustainable development and ensure the long-term resilience of the region’s renewable energy infrastructure.”
QE also recently signed a Memorandum of Understanding (MoU) with Generali China Insurance (GCI) in September 2025 to kickstart a new standard for solar asset risk management. GCI is part of the Generali Group, one of the world’s largest insurance and asset management groups, headquartered in Italy.
QE, a spin-off from the Solar Energy Research Institute of Singapore (SERIS) at the National University of Singapore (NUS), has already successfully deployed its solutions across Asia, Europe, Oceania, and the Middle East. To date, the company has inspected more than four million solar modules worldwide, including the world’s largest single-site EL inspection covering over one million modules — a milestone that underscores its leadership in large-scale solar diagnostics.
