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.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @