# Sunpreme

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

- Industry: Materials
- Headquarters: Sunnyvale, US
- Website: www.sunpreme.com
- Total disclosed funding: $60M
- Latest round: Series B (Jun 1, 2011)
- Investors on record: 3

## About

Sunpreme is a solar energy solutions provider specializing in high-efficiency solar panels and systems designed to optimize energy output for various applications. The company focuses on innovative technologies that enhance renewable energy generation.Sunpreme is a company that develops solar energy solutions, with a headquarters located in Sunnyvale, US. It raised USD 60 mn in Series B funding in June 2011 from investors including IFC Asset Management Company, Capricorn Management, and Tsing Capital. The company has made strategic advancements in its product offerings to adapt to market demands.The company specializes in solar energy solutions, particularly high-efficiency solar panels and systems tailored for a range of applications. Their core products focus on maximizing energy output while providing sustainable energy solutions for both residential and commercial customers. Sunpreme markets its products across several regions, including North America, Europe, and parts of Asia, serving a diverse clientele.The company's revenue model is based on direct sales of solar panels and energy systems, with clients engaging in transactions for purchasing solar products. The pricing structure includes base rates for solar panels, with potential additional charges for installation and support services, which helps establish a recurring revenue stream from ongoing customer relationships.Sunpreme plans to expand its product line with new solar technologies set to launch by the end of 2023. The company is also targeting market expansion into Southeast Asia by 2024. The recent funding of USD 60 mn from its Series B round is intended to support product development and market penetration strategies.

## Funding rounds

- Series B, Jun 1, 2011, $60M — Capricorn Investment Group, Tsing Capital, IFC Asset Management Company

## Investors

- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series B
- Tsing Capital (https://capitalatlas.ai/funds/tsing-capital) — Series B
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series B