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
Company growth
Santa Clara, US
Size (employees)
34 (est)-2%
Varentec was founded in 2009 and is headquartered in Santa Clara, US

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 Office Locations

Varentec has office in Santa Clara
Santa Clara, US

Varentec Metrics

Varentec Summary

Founding Date


Total Funding

$41.9 M

Latest funding size

$13 M

Time since last funding

over 1 year


We estimate that Varentec's latest funding round in November 2015 was $13 M. In total, Varentec has raised $41.9 M
We estimate that Varentec's current employees are approximately 100% male

Varentec News

Varentec Company Life