# Solestial

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

- Industry: Renewable Energy
- Headquarters: Tempe, US
- Website: www.solestial.com
- Total disclosed funding: $26M
- Latest round: Series A (Sep 9, 2024)
- Investors on record: 10

## About

Based in Arizona, US, and founded in 2013 by its CEO, Stan Herasimenka, and CTO, Mikhail Reginevich, Solestial, Inc., operates a manufacturing company that develops solar cells used in satellites and other space vehicles. In May 2025, Solestial, Inc. raised USD 17 million in series A funding led by returning investor AE Industrial Partners, with participation from other returning investors Crosscut Ventures Management, Zeon Ventures, and Mitsubishi Electric Corporation. The company offers silicon solar cells with the ability to self-cure themselves from radiation used in space, low earth orbit (LEO). The company uses heterojunction solar cell technology along with electroplated metallization and proprietary wafer handling techniques. The company will use the May 2025 funding to support its manufacturing capabilities.

## Funding rounds

- Series A, Sep 9, 2024, $15M — Stellar Ventures, Crosscut Ventures Management, Global Brain, Techstars, AE Industrial Partners, Airbus Ventures, Industrious Ventures, Zeon Ventures, General Purpose Venture Capital
- Seed, Sep 23, 2022, $11M — Stellar Ventures, AE Industrial Partners, Airbus Ventures, Industrious Ventures, GPVC

## Investors

- Stellar Ventures — Seed, Series A
- AE Industrial Partners (https://capitalatlas.ai/funds/ae-industrial-partners) — Seed, Series A
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Seed, Series A
- Industrious Ventures (https://capitalatlas.ai/funds/industrious-ventures) — Seed, Series A
- GPVC — Seed
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- Zeon Ventures (https://capitalatlas.ai/funds/zeon-ventures) — Series A
- General Purpose Venture Capital (https://capitalatlas.ai/funds/general-purpose-venture-capital) — Series A