TAG: MiaSole

Capital for Solar Panels

Solar Panel

Solar-panel maker MiaSole has raised $55 million in venture capital to help it ramp-up production and sales. MiaSole is based in Santa Clara, California, where it makes next-generation solar thin-film panels using copper, indium, gallium and selenium instead of silicon, making them much cheaper to manufacture. The latest funding round included VantagePoint Capital Partners, Kleiner Perkins Caufield & Byers, Bessemer Venture Partners, Firelake Capital Management and Passport Capital. As the heat has left the IPO market for renewable energy companies, MiaSole is more likely to be sold to a larger company than listed. Solar-panel maker SunPower, of San Jose, California,… read more