Tech Company Financing Transactions
Advent Solar Funding Round
Advent Solar, operating out of Albuquerque, received $70 million in funding from @Ventures, Battery Ventures and EnerTech Capital.
Transaction Overview
Company Name
Announced On
6/19/2007
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series D
Investors
Proceeds Purpose
Advent is currently ramping up its first production line, and this additional funding will be used for
expansion to meet the strong customer demand for Advent's advanced photovoltaic products.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
5600 University Blvd. SE
Albuquerque, NM 87106
USA
Albuquerque, NM 87106
USA
Phone
Website
Email Address
Overview
Advent Solar, Inc. is a leading manufacturer of innovative solar cells and modules. Its unique, exclusive cell technology was originally developed at Sandia National Laboratories (SNL), and is in a class of solar cells referred to as back-contact cells.
Management Team
Title
Name
Email & Social
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Prev: 6/19/2007: LiveVox venture capital transaction
Next: 6/19/2007: Quintura venture capital transaction
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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