07 Mar '12, 3pm

MiaSolé Closes $55M in Funding for CIGS Solar: These are challenging times to be raising VC funding for a sola...

MiaSolé Closes $55M in Funding for CIGS Solar: These are challenging times to be raising VC funding for a sola...

These are challenging times to be raising VC funding for a solar company. And it's probably even more difficult if there is a CIGS thin-film stack involved. But, in a bit of positive news, MiaSolé, a manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, just announced that the firm has won $55 million in new funding from mostly existing investors. I spoke with MiaSolé's new CEO, John Carrington . Carrington said the original raise was intended to be $40 million but was eventually "oversubscribed" at $55 million. The funding "primarily came from insiders," according to the CEO. Existing investors include Voyageur Mutual Funds, Kleiner Perkins, Firelake Capital, and VantagePoint Venture Partners, et al. Board members include KP's John Doerr, Firelake's Marty Lagod, VantagePoint's Stephan Dolezalek, and Rob Chandra of Bessemer. The firm ha...

Full article: http://www.greentechmedia.com/articles/read/MiaSole-Close...

Tweets

MiaSolé Solar Slideshow: CIGS PV Using All PVD: MiaSolé, the number three producer of CIGS thin-film solar pan...

MiaSolé Solar Slideshow: CIGS PV Using All PVD:...

greentechmedia.com 05 Mar '12, 5am

Although the CIGS thin-film solar panel startup has made some technical and business progress, it is still bleeding cash i...

[email protected] on @solarmosaic, with a much-appreciat...

dotearth.blogs.nytimes.com 08 Mar '12, 3pm

In this picture I’m standing on the roof of People’s Grocery in Oakland, Calif. with Nikki Henderson, the executive direct...

Surrey NanoSystems raises £4.5m venture funding

electronicsweekly.com 07 Mar '12, 2pm

Surrey NanoSystems has raised third round funding of £4.5m ($7.1m) which it will be use to commercialise its advance semic...

Indonesian football association to lose funding...

straitstimes.com 07 Mar '12, 1pm

JAKARTA, Indonesia (AP) - The Indonesian government reportedly plans to strip funding for its national football associatio...

CIGS thin-film solar makers await for better market condition

CIGS thin-film solar makers await for better ma...

digitimes.com 12 Mar '12, 6am

CIGS thin-film solar makers await for better market condition Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Monday 12 Mar...

How Nanoshells Improve Thin Film Solar

How Nanoshells Improve Thin Film Solar

solarfeeds.com 10 Mar '12, 7pm

The credit for this out of the box thinking goes to a group of engineers from Stanford University.According to a paper pub...

Flexible CIGS Solar Panel Efficiency Record Set by SoloPower

Flexible CIGS Solar Panel Efficiency Record Set...

cleantechnica.com 14 Mar '12, 8am

Another week, another solar power efficiency record set! A California-based manufacturer of flexible thin-film solar cells...

DIY Solar Panel Kits | Build Your Own Solar Pan...

siliconsolar.com 10 Mar '12, 11pm

Build Your Own Solar Panel Kits: These Solar Panel Kits enable you to make your own solar panels for less. Each kit includ...