# Stion Corporation

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

- Industry: Renewable Energy
- Headquarters: San Jose, US
- Website: www.stion.com
- Total disclosed funding: $110M
- Latest round: Series F (Dec 12, 2012)
- Investors on record: 7

## About

Stion Corporation is dedicated to the development and manufacturing of innovative solar energy solutions that enhance energy efficiency and sustainability across various sectors.Founded in 2006 in San Jose, California, Stion Corporation specializes in photovoltaic technology. The company has undergone strategic pivots to focus on enhancing its solar energy products. Most recently, Stion raised USD 25.00 mn in a Series F funding round on November 29, 2013, led by Khosla Ventures and Lightspeed Venture Partners, and the total amount raised to date is USD 25.00 mn with a current valuation of USD 316.80 mn.Stion Corporation specializes in the design and manufacturing of advanced solar panels, utilizing unique technology to provide high-efficiency solar energy solutions. Their products cater to residential, commercial, and utility-scale applications, promoting environmentally sustainable energy usage.Stion Corporation generates revenue through the sales of its high-efficiency solar panels, which are marketed to both business and residential clients. The company's business model focuses on direct sales and partnerships within the renewable energy sector to expand its market reach.Stion Corporation plans to introduce new solar panel technology enhancements in the coming year and aims to expand its market presence in North America and Europe by 2024. Recent funding will be allocated to R&D efforts for product innovation, as well as scaling up manufacturing capabilities to meet growing demand.

## Funding rounds

- Series F, Dec 12, 2012, $25M — Lightspeed Venture Partners, Khosla Ventures
- Series D, Jun 17, 2010, $70M — Lightspeed Venture Partners, General Catalyst Partners, Braemar Energy Ventures, Khosla Ventures, VentureTech Alliance, Taiwan Semiconductor Manufacturing
- Series B, Jun 19, 2008, $9M — Lightspeed Venture Partners, General Catalyst Partners, Braemar Energy Ventures, Khosla Ventures
- Series B, Jul 18, 2007, $6M — Lightspeed Venture Partners, General Catalyst Partners, Braemar Energy Ventures, Khosla Ventures, Moser Baer Projects Private Limited

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series D, Series F
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series D
- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series B, Series D
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series B, Series D, Series F
- Moser Baer Projects Private Limited — Series B
- VentureTech Alliance (https://capitalatlas.ai/funds/venturetech-alliance) — Series D
- Taiwan Semiconductor Manufacturing — Series D