Innovalight

Renewable EnergySeries DSunnyvale, USinnovalight.com

Latest round

Series D

Last raised

Jan 2010

Total raised

$59M

Investors

12

About Innovalight

Innovalight, Inc.Innovalight, founded in 2002, is based in Sunnyvale, US, and focuses on developing advanced solar technologies. The company was acquired by DuPont in July 2011, enhancing its operational capabilities. The founder’s history is not detailed, and there are no mentions of subsidiaries or parent companies.Innovalight provides advanced solar photovoltaic (PV) materials and solutions aimed at improving the efficiency, durability, and reliability of solar energy systems. Their key product, the Innovalight™ solar cell technology, is designed to enhance the conversion efficiency of solar panels, thereby addressing challenges like performance degradation and energy efficiency.Innovalight generates revenue primarily through the sale of its proprietary solar technologies to solar product manufacturers. Transactions are typically bulk purchases under long-term contracts, ensuring a stable supply to clients.Following the acquisition by DuPont in July 2011, Innovalight plans to leverage its new resources to enhance its product offerings and expand into new markets. The company aims to launch several innovative solar technologies within the next few years, focusing on improving the efficiency of solar cells. Innovalight is particularly targeting expansion into emerging markets in Asia and Europe, with anticipated growth by 2025.

Who invested in Innovalight

12 investors across 4 rounds

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Funding rounds

  1. Series D

    Jan 5, 2010

    Amount

    $18M

    Investors

    Locked

  2. Series C

    Oct 11, 2007

    Amount

    $28M

    Investors

    Locked

  3. Series B

    May 1, 2006

    Amount

    $7.5M

    Investors

    Locked

  4. Series B

    Jan 30, 2002

    Amount

    $5.6M

    Investors

    Locked

Questions about Innovalight

Who invested in Innovalight?

Innovalight has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Innovalight raised?

Innovalight has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Innovalight last raise money?

Innovalight's most recent round on record is a Series D, in Jan 2010.

What does Innovalight do?

Innovalight is a renewable energy company.

Where is Innovalight headquartered?

Innovalight is headquartered in Sunnyvale, US.

Which VCs invest in companies like Innovalight?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Innovalight's stage. Their profiles are linked below.

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