02 Jun '12, 2pm

Romney-Backed Konarka and its Organic Solar Cells File For Bankruptcy: Whatever else one can say about organic...

Romney-Backed Konarka and its Organic Solar Cells File For Bankruptcy: Whatever else one can say about organic...

Konarka has raised more than $150M in angel funding, venture capital, strategic investment and private equity money raised since 2001. Throw in at least $10 million more in DARPA, DOE, NSF, U.S. Army, bank loans and credit lines in the last ten years. Investors over the years include Chevron, Good Energies, Draper Fisher Jurvetson, Konica Minolta, Total, NEA, The Massachusetts Green Energy Fund, Vanguard Ventures, Mackenzie Financial, Partech, and many more. Konarka was headquartered in Lowell, Mass., and had a manufacturing facility in New Bedford, Mass., with European headquarters in Nurnberg, Germany, business development offices in Asia, and a research and development facility in Austria. That sounds like a healthy burn rate. Konarka was founded in 2001 by scientists at UMass Lowell. I have spoken to a few of those early investors about their investment in Konarka. One...

Full article: http://www.greentechmedia.com/articles/read/Romney-Backed...

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Konarka Files for Bankruptcy #solar

Konarka Files for Bankruptcy #solar

solarfeeds.com 03 Jun '12, 6pm

06/03/2012 from Greentech Media Tweet Whatever else one can say about organic solar cell aspirant Konarka , the startup wa...

Konarka files for bankruptcy #solar

solarindustrymag.com 04 Jun '12, 3pm

, a developer of thin-film solar modules, has filed for bankruptcy protection under Chapter 7 of federal bankruptcy laws. ...

#solar

#solar

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