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Insolight
company
About
Insolight is an energy company that develops and manufactures solar panels.
- 11 - 50
Details
- Last Funding Type
- Series Unknown
- Last Funding Money Raised
- Fr4.60M
- Industries
- Energy,Manufacturing,Solar
- Founded date
- Aug 31, 2015
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Insolight is an energy company that develops and manufactures solar panels. Insolight has developed solar modules with record efficiency 29 percent to reduce residential solar electricity costs below 0.1 $/kWh. Its innovative optical technology combines high efficiency with the ease of mounting of a standard flat panel. Insolight has successfully passed third-party validation at Fraunhofer ISE (36% efficiency on Lab prototype) and at the UPM in Madrid (29% on pre-industrial module). Its business model is to develop the IP, control wholesale distribution and outsource manufacturing.The company was founded in 2015.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
Fr11.90M
Insolight has raised a total of
Fr11.90M
in funding over 2 rounds. Their latest funding was raised on
Dec 13, 2022 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 13, 2022 | Series Unknown | Fr4.60M | 2 | — | — | Detail |
| Mar 9, 2022 | Grant | — | 1 |
European Innovation Council
|
— | Detail |
| Jul 30, 2020 | Series A | Fr5M | 1 |
Verve Ventures
|
— | Detail |
| Jan 22, 2018 | Seed | Fr2.30M | 1 |
Verve Ventures
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
3
3
Insolight is funded by 3 investors.
European Innovation Council
and Verve Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
European Innovation Council
|
Yes | Grant |
|
Verve Ventures
|
— | Series Unknown |
|
|
— | Series Unknown |
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