Solaria raised $30 million in financing, according to Securities and Exchange Commission filings. The filings indicate there was only one investor in the offering. The company is backed by investors including CMEA Capital, DBL Investors, Mitsui Ventures, Savitr Capital, Sigma Partners and NGEN Partners. Solaria previously closed a $45 million Series D round in 2010. Solaria Corporation manufactures photovoltaic (PV) modules and systems for large and utility-scale tracking applications, with modules available separately or as complete tracking systems. The article lists the company as Solaria Inc./Solaria Corporation and cites Fremont, CA. Solaria Corporation is a Fremont, California–based global manufacturer of solar photovoltaic modules. The company produces patented solar PV modules intended for solar system integrators, project developers and electric utilities. Solaria plans to use new funding to accelerate production of its patented modules. It raised an additional $20M to its Series D, bringing the round to $65M, which includes a $10M growth loan facility. Investors in the close include Adams Street Partners, Cycad Group, Western Technologies, CMEA Capital, DBL Investors, Sigma Partners, NGEN Partners, Mitsui Ventures, Savitr Capital and enXco. The company intends to make its modules available across North America, Europe and Asia.

Total raised

$95M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2011