# Arzon Solar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arzon-solar

- Industry: Renewable Energy
- Headquarters: Seal Beach, US
- Website: www.arzonsolar.com
- Total disclosed funding: $154M
- Latest round: Series B (Apr 20, 2010)
- Investors on record: 9

## About

Arzon Solar, LLC specializes in solar energy solutions focusing on Concentrated Photovoltaic (CPV) technology, delivering high-performance products for commercial and utility-scale applications.Founded in 1989 and headquartered in Seal Beach, US, Arzon Solar, LLC develops advanced solar technology solutions. The company has completed 3 notable deals, with the latest funding round being a Series B raising USD 129.4 mn in April 2010, led by Kleiner Perkins and supported by other investors including Adams Street Partners and Angeleno Group. The founder has not been identified in this report.Arzon Solar, LLC specializes in high-performance solar power solutions, primarily focusing on Concentrated Photovoltaic (CPV) technology. Their core products include the uModule, a high-efficiency PV module, along with various solar generators such as the uM2 and uM6 models, designed for different scale applications including medium and small-scale energy generation. The company’s products are engineered to deliver superior energy output, utilizing dual-axis tracking technology to maximize sunlight capture. These offerings target commercial and utility-scale customers with substantial installations globally, including significant projects in the United States, such as the 30 MW AC power plant in Alamosa, Colorado. Arzon Solar’s products are also marketed in international markets, catering to regions looking to advance their renewable energy infrastructure.Arzon Solar generates revenue through direct sales of its solar modules and generators to businesses and utility companies. The company’s transactions are structured as B2B sales, where clients include commercial developers and energy providers looking to implement high-efficiency solar solutions. Revenue is derived from the sale of flagship products like the uModule and various CPV solar generators. Specific pricing plans for these products are determined based on project scale and customer requirements, reflecting the customized nature of solar installations. By providing innovative solar technologies, Arzon Solar reinforces its position in the renewable energy market, securing revenue through both direct sales and potential long-term partnerships in the energy sector.Arzon Solar, LLC plans to utilize the recent Series B funding of USD 129.4 mn to further enhance its product line and expand its market reach. The company is actively designing new solar modules and generators aimed at improving energy efficiency, with expected launches set for 2023. Additionally, Arzon Solar is targeting expansion into new geographic markets, particularly in Europe and Asia, by the end of 2024. The funding will support these initiatives and help establish a stronger presence in the advancing renewable energy sectors.

## Funding rounds

- Series B, Apr 20, 2010, $129M — Adams Street Partners, Kleiner Perkins, TorreyCove Capital Partners, Vedanta Capital, MissionPoint Partners, New Silk Route Growth Capital, The Westly Group, Angeleno Group
- Series A, Oct 30, 2007, $25M — MissionPoint Partners, Goldman Sachs Asset Management

## Investors

- MissionPoint Partners (https://capitalatlas.ai/funds/missionpoint-partners) — Series A, Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series B
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B
- TorreyCove Capital Partners — Series B
- Vedanta Capital (https://capitalatlas.ai/funds/vedanta-capital) — Series B
- New Silk Route Growth Capital (https://capitalatlas.ai/funds/new-silk-route-growth-capital) — Series B
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series B
- Angeleno Group (https://capitalatlas.ai/funds/angeleno-group) — Series B