Solopower Systems

Renewable EnergySeries CPortland, USsolopower.com

Latest round

Series C

Last raised

Oct 2008

Total raised

$77M

Investors

5

About Solopower Systems

Solopower Systems Inc.Founded in 2005 in Portland, US, Solopower Systems Inc. focuses on high-performance solar modules utilizing proprietary Copper Indium Gallium Selenide (CIGS) technology. The firm has maintained its focus on solar energy solutions without any significant pivots in strategy or mention of subsidiaries.SoloPower Systems specializes in lightweight, flexible thin-film photovoltaic (PV) technology, primarily delivering high-performance solar modules that utilize proprietary Copper Indium Gallium Selenide (CIGS) technology. The solar solutions are designed for various applications, emphasizing ease of installation and aesthetic integration, making them suitable for commercial rooftops and off-grid energy solutions. The flagship products include SoloPower™ thin-film solar modules, known for their reduced balance of system (BoS) costs and installation time due to a unique 'No Penetrations' installation method that preserves roof integrity.SoloPower Systems engages in B2B transactions, primarily focusing on partnerships with commercial clients and public institutions seeking solar energy solutions for large-scale applications. Revenue is generated through the direct sales of proprietary solar modules and integrated module packaging solutions, with project-specific contracts covering design, supply, and installation tailored to customer needs. Plans include the design and launch of innovative solar technology solutions targeting both existing and emerging markets. Specific geographic regions for expansion are under consideration, with a focus on enhancing their presence in the commercial sector and public infrastructure projects.

Who invested in Solopower Systems

5 investors across 2 rounds

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Funding rounds

  1. Series C

    Oct 22, 2008

    Amount

    $48M

    Investors

    Locked

  2. Series B

    Jul 18, 2007

    Amount

    $29M

    Investors

    Locked

Questions about Solopower Systems

Who invested in Solopower Systems?

Solopower Systems has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Solopower Systems raised?

Solopower Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Solopower Systems last raise money?

Solopower Systems's most recent round on record is a Series C, in Oct 2008.

What does Solopower Systems do?

Solopower Systems is a renewable energy company.

Where is Solopower Systems headquartered?

Solopower Systems is headquartered in Portland, US.

Which VCs invest in companies like Solopower Systems?

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

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