SoloPower Powers Up with $52M
Wade Roush1/6/11
San Jose, CA-based SoloPower, which has developed a roll-to-roll process for making thin, flexible photovoltaic cells, has collected $51.6 million in a sale of equity and securities, according to a regulatory filing. The investors in the round—12 in all, according to the filing—haven’t yet been named. The company’s last previous funding round, in December 2008, brought in $48.2 million from a syndicate that included Convexa Capital, Crosslink Capital, SiVest Group, and Hudson Ventures.
