# Nanosolar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nanosolar

- Industry: Renewable Energy
- Headquarters: San Jose, US
- Website: www.nanosolar.com
- Total disclosed funding: $431M
- Latest round: Series E (Feb 17, 2012)
- Investors on record: 23

## About

Nanosolar, Inc. is a company focused on the development and production of innovative photovoltaic solar cells, offering cost-effective solutions to generate solar electricity for various applications.Founded in 2002 in San Jose, US, Nanosolar, Inc. specializes in solar energy solutions through photovoltaic technology. The company raised a total of USD 20.00 mn across multiple funding rounds, with the latest being a Series E round on July 12, 2013, amounting to USD 48.50 mn. Investors in this round included Army Venture Capital Initiative, Mohr Davidow Ventures, and Ohana Holdings. As of now, the company's valuation stands at USD 91.70 mn.Nanosolar specializes in the production of innovative photovoltaic solar cells, designed to generate low-cost solar electricity. Their core offerings include thin-film solar panels that leverage advanced materials and manufacturing techniques to improve efficiency and lower costs. Targeting the growing demand for renewable energy, Nanosolar caters to a diverse client base, including energy providers and large-scale solar project developers, primarily in North America, Europe, and emerging Asian markets.Nanosolar generates revenue through the direct sales of its solar panels to businesses and energy providers, alongside partnerships with institutions involved in large-scale solar projects. The company operates a B2B transaction structure, with revenue also arising from long-term supply agreements with wholesalers and renewable energy companies that integrate Nanosolar’s products into their offerings. While specific pricing details are not disclosed, the company’s pricing strategy is competitive within the solar market.In July 2013, Nanosolar, Inc. discontinued its operations. Consequently, there are no current plans for new product launches or market expansions. The company's future growth strategy has not been articulated due to the cessation of its business activities.

## Funding rounds

- Series E, Feb 17, 2012, $49M — Mohr Davidow Ventures, Army Venture Capital Initiative, Ohana Holdings
- Series D, Mar 31, 2008, $282M — Carlyle Group, Riverstone Holdings, Man Group, AES Corporation, Grazia Equity, EDF Energy, Silver Ridge Power, LLC, Energy Capital Partners, Lone Pine Capital, Belectric, Omidyar Network
- Series C, Jun 20, 2006, $76M — Benchmark, Mohr Davidow Ventures, First Ventury, Capricorn Investment Group, Mitsui & Co. – Corporate Development Business Unit, Man Group, SAC Private Capital Group, Firelake Capital Management, Army Venture Capital Initiative, Grazia Equity, Swiss Re Ltd, Belectric
- Series B, May 31, 2005, $20M — Benchmark, Mohr Davidow Ventures, Mitsui & Co. – Corporate Development Business Unit, Army Venture Capital Initiative
- Series A, Dec 27, 2002, $5M — Benchmark, US Venture Partners, Stanford University

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A
- Stanford University — Series A
- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series B, Series C, Series E
- Mitsui & Co. – Corporate Development Business Unit — Series B, Series C
- Army Venture Capital Initiative (https://capitalatlas.ai/funds/army-venture-capital-initiative) — Series B, Series C, Series E
- First Ventury (https://capitalatlas.ai/funds/first-ventury) — Series C
- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series C
- Man Group — Series C, Series D
- SAC Private Capital Group (https://capitalatlas.ai/funds/sac-private-capital-group) — Series C
- Firelake Capital Management (https://capitalatlas.ai/funds/firelake-capital-management) — Series C
- Grazia Equity (https://capitalatlas.ai/funds/grazia-equity) — Series C, Series D
- Swiss Re Ltd — Series C
- Belectric — Series C, Series D
- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series D
- Riverstone Holdings (https://capitalatlas.ai/funds/riverstone-holdings) — Series D
- AES Corporation — Series D
- EDF Energy — Series D
- Silver Ridge Power, LLC — Series D
- Energy Capital Partners (https://capitalatlas.ai/funds/energy-capital-partners) — Series D
- Lone Pine Capital — Series D
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series D
- Ohana Holdings — Series E