Changing dynamics of the electric grid require improved technology to manage increased complexity and maintain grid stability. The introduction of renewable energy generation, plug-in electric vehicles, increased non-linear loads on the grid, and other trends, have created the need for intelligent, fast responding and high performance equipment driven by advanced power electronics. Varentec develops innovative, compact and high performance power electronics and total systems for electric grid and industrial applications
Santa Clara, US
37 (est)-2%

Key People at Varentec

Deepak Divan

Deepak Divan

President, CTO & Co-Founder
Andrew Dillon

Andrew Dillon

VP Business Development & Co-Founder
Mehrdad Hamadani

Mehrdad Hamadani

VP Engineering, Product Development, & Co-Founder

Varentec Locations

Santa Clara, US

Varentec Metrics

Varentec Summary

Founding Date


Total Funding

$41.9 M

Latest funding size

$13 M

Time since last funding

11 months


Khosla Ventures, Square 1 Bank, Bill Gates, Khosla Ventures, Bill Gates, 3M New Ventures

Varentec News

Varentec Company Life