1366 Technologies Receives $20,000,000 Series B Round

  • Feed Type
  • Date
    10/19/2010
  • Company Name
    1366 Technologies
  • Mailing Address
    45 Hartwell Avenue North 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
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new round will enable 1366 to take its revolutionary Direct Wafer technology into production, a milestone the company will achieve well in advance of its original plan.
  • M&A Terms
  • Venture Investor
    Undisclosed
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    Polaris Venture Partners

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