Tech Company Financing Transactions

Advent Solar Funding Round

On 11/10/2005, Advent Solar raised $30 million in Series C funding from Battery Ventures, @Ventures and EnerTech Capital.

Transaction Overview

Company Name
Announced On
11/10/2005
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors

Battery Ventures (Lead Investor) (Ken Lawler)

@Ventures

EnerTech Capital

Proceeds Purpose
Advent Solar will use the financing to build and operate a 25 megawatt plant for the production of its photovoltaic (PV) solar cells and modules.

Company Information

Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
5600 University Blvd. SE
Albuquerque, NM 87106
USA
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.
Profile
Advent Solar LinkedIn Company Profile
Social Media
Advent Solar Company Twitter Account
Company News
Advent Solar News
Facebook
Advent Solar on Facebook
YouTube
Advent Solar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Peter Green
  Peter Green LinkedIn Profile  Peter Green Twitter Account  Peter Green News  Peter Green on Facebook
Chief Financial Officer
Dick Trueblood
  Dick Trueblood LinkedIn Profile  Dick Trueblood Twitter Account  Dick Trueblood News  Dick Trueblood on Facebook
Chief Scientific Officer
James Gee
  James Gee LinkedIn Profile  James Gee Twitter Account  James Gee News  James Gee on Facebook
Vice President
Naresh Baliga
  Naresh Baliga LinkedIn Profile  Naresh Baliga Twitter Account  Naresh Baliga News  Naresh Baliga on Facebook
VP - Engineering
Fares Bagh
  Fares Bagh LinkedIn Profile  Fares Bagh Twitter Account  Fares Bagh News  Fares Bagh on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/10/2005: PTC Therapeutics venture capital transaction
Next: 11/10/2005: Protrade venture capital transaction

 

Share this article

 


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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary