1336 Technologies, Inc. Secures $12,000,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6849e949-ffbc-4564-b7df-c40248c51f45&Preview=1 -
Date
3/27/2008 -
Company Name
1336 Technologies, Inc. -
Mailing Address
45 Hartwell Avenue Lexington, MA 02421 -
Company Description
1366 Technologies is making silicon solar cells competitive with coal. Our goal is to build on the success of multi-crystalline solar cells and manufacturing capacity to accelerate the transition to solar.
Our products and technologies improve on the multi-crystalline solar cell by lowering manufacturing costs and increasing efficiency. -
Website
http://www.1366tech.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,000,000 -
Transaction Round
Series A -
Proceeds Purposes
1366 Technologies will be combining innovations in silicon cell architecture with manufacturing process improvements to bring multi-crystalline silicon solar cells to cost parity with coal-based electricity. -
M&A Terms
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Venture Investor
North Bridge Venture Partners -
Venture Investor
Polaris Venture Partners
