Solarcore
Latest round
- Series B
Last raised
- Dec 2024
Total raised
- $55M
Investors
- 22
About Solarcore
Founded in 2015 and headquartered in Portland, US, Solarcore produces innovative insulation materials aimed at enhancing thermal regulation. Solarcore has completed 13 deals in its growth trajectory under the leadership of co-founders Michael Markesbery, Rithvik Venna, and Ryan Arsenault, with Markesbery also serving as CEO. Solarcore® offers advanced thermal insulation solutions primarily based on NASA’s Aerogel Technology. Its flagship products, including the Sc_Foam line, provide exceptional thermal protection for consumer footwear and apparel, achieving temperature ratings as low as -40°C. The company caters to industries such as outdoor gear manufacturing, government contracting, and automotive supply, serving clients across North America, Europe, and Asia. Solarcore® generates revenue through B2B transactions and partnerships with manufacturers and retailers. They collaborate with notable brands such as Helly Hansen to integrate their Solarcore® Aerogel insulation into various products. Transactions are conducted via supply agreements, with pricing based on order volume and specific client needs, allowing Solarcore® to maintain a solid client base in the insulation market. Looking ahead, Solarcore is focused on launching new products designed to enhance thermal performance in extreme conditions. The company plans to expand its market presence in Europe and Asia by the end of 2024.
Who invested in Solarcore
22 investors across 8 rounds
See all investors in Solarcore
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Dec 2, 2024
Amount
$30M
Investors
Series B
Apr 3, 2024
Amount
$3.7M
Investors
Series A
Jun 24, 2021
Amount
$15M
Investors
Seed
Sep 20, 2019
Amount
Undisclosed
Investors
Seed
Apr 10, 2019
Amount
$0M
Investors
Seed
Mar 31, 2019
Amount
Undisclosed
Investors
Seed
Jul 2, 2018
Amount
$6.2M
Investors
Seed
Jun 21, 2016
Amount
$1M
Investors
Questions about Solarcore
Who invested in Solarcore?
Solarcore has 22 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Solarcore raised?
Solarcore has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did Solarcore last raise money?
Solarcore's most recent round on record is a Series B, in Dec 2024.
What does Solarcore do?
Founded in 2015 and headquartered in Portland, US, Solarcore produces innovative insulation materials aimed at enhancing thermal regulation.
Where is Solarcore headquartered?
Solarcore is headquartered in Portland, US.
Which VCs invest in companies like Solarcore?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Solarcore's stage. Their profiles are linked below.
VCs backing consumer products startups at Series B
Raising like Solarcore? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.