# Solantro Semiconductor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solantro-semiconductor

- Industry: Semiconductors
- Headquarters: Ottawa, Canada
- Website: www.solantro.com
- Total disclosed funding: $21M
- Latest round: Series B (Apr 7, 2015)
- Investors on record: 6

## About

Founded in 2009 and based in Ottawa, Canada, Solantro Semiconductor Corp. operates as a semiconductor company that designs and manufactures integrated circuits for digital power processing, energy management and power conversion applications. The company was founded by Antoine Paquin who was CEO until his death, in 2015. The company was acquired and fully integrated by Huada Semiconductor Company in 2018, denominating the entity as its North American Research and Development centre.

Solantro manufactures chipsets used to control power flow to and from energy storage, production and distribution systems such as chemical or mechanical batteries, the power grid or renewable energy generation devices such as solar panels or wind turbines. The technology is scalable and avoids the reliance on custom built electronic circuits. Solantro also develops software to control its devices and how mechanical or photovoltaic energy is converted to electricity and where it is optimally allocated. Combined, the firm's hardware and software enables current inversion, AC-DC conversion and voltage control. This also allows for grid-side functions optimising expenditure for electricity as well as grid provision and stability.

## Funding rounds

- Series B, Apr 7, 2015, $11M — BDC Capital, Export Development Canada, Black Coral Capital, Clean Energy Venture Group, Inerjys, Presidio Ventures
- Series A, May 22, 2012, $10M — BDC Capital, Export Development Canada, Black Coral Capital, Presidio Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A, Series B
- Export Development Canada — Series A, Series B
- Black Coral Capital (https://capitalatlas.ai/funds/black-coral-capital) — Series A, Series B
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series A, Series B
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Series B
- Inerjys (https://capitalatlas.ai/funds/inerjys) — Series B