Solyndra

company

About

Solyndra manufactures cylindrical panels of CIGS thin-film solar cells.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$535M
Industries
Manufacturing,Renewable Energy,Solar
Founded date
Jan 1, 2005
Number Of Employee
501 - 1000
Operating Status
Active

Solyndra is a manufacturer of cylindrical panels of CIGS thin-film solar cells based in Fremont, California.

Solyndra designs and manufactures photovoltaic systems, comprised of panels and mounting hardware, for the commercial rooftop market. Solyndra employs high volume manufacturing based on proven technologies and processes to meet the needs of the global solar market. Using proprietary cylindrical modules and thin-film technology, Solyndra systems are designed to provide the lowest installed cost per system and the highest solar electrical energy output for typical low slope commercial rooftops. Founded in 2005 and headquartered in Fremont, California, Solyndra operates a state-of-the-art 300,000 square foot fully-automated manufacturing complex.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$1B
Solyndra has raised a total of $1B in funding over 2 rounds. Their latest funding was raised on Jun 18, 2010 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 18, 2010 Private Equity(PE) $175M 1 Detail
Mar 20, 2009 Debt Financing $535M 1 US Department of Energy Detail
Dec 1, 2008 Series E $220M 1 Detail
Jan 1, 2006 Series B $79.20M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Solyndra is funded by 2 investors. US Department of Energy and Redpoint are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Debt Financing
Redpoint Private Equity(PE)