1336 Technologies, Inc. Secures $12,000,000 Series A Round

Feed Type
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
Venture Investor
North Bridge Venture Partners
Venture Investor
Polaris Venture Partners