Solar Junction
AcquiredWorld-record efficiency multi-junction solar cells
San Jose, United States · Founded 2007 · $58.6M raised
- Headquarters
- San Jose, California
- Employees
- 51–200
- Founded
- 2007
- Business Model
- B2B
- Website
- sj-solar.com
- Total Funding
- $58.6M
- Last Round
- $8.1M Venture RoundApr 2013
- Rounds
- 4
- Acquisition Date
- Jul 2014
About
Solar Junction was a San Jose-based manufacturer of high-efficiency III-V multi-junction solar cells based on its proprietary ASLAM (Advanced Step-graded Lattice-matched) materials technology. Founded in 2007, the company developed dilute-nitride multi-junction solar cells for concentrating photovoltaic (CPV) systems and space applications, achieving world-record solar cell efficiency of 44% in 2012. Solar Junction supplied CPV cells to customers including Amonix and positioned itself as the performance leader in the multi-junction cell market. The company raised approximately $33 million in venture funding before ceasing operations.
Summary
Solar Junction is a Clean Energy company based in San Jose, United States, founded in 2007. It has raised $58.6M in total across 4 rounds, most recently a $8.1M Venture Round round in Apr 2013. Investors include Advanced Technology Ventures, Draper Fisher Jurvetson and NEA.
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Funding History
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Jul 2014
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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