{"id":537538,"date":"2010-04-21T14:13:43","date_gmt":"2010-04-21T18:13:43","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=7739"},"modified":"2010-04-21T14:13:43","modified_gmt":"2010-04-21T18:13:43","slug":"solar-cpv-developer-announces-9-digit-funding-round","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/537538","title":{"rendered":"Solar CPV Developer Announces 9-Digit Funding Round"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/solar.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Solar\" \/><\/p>\n<p>Another day another huge cleantech venture capital funding round, today Amonix, a Seal Beach, Calif.-based maker of concentrated photovoltaic (CPV) solar power systems, has closed a $129.4 million\u00a0Series B funding.<\/p>\n<p>Kleiner, Perkins, Caufield &amp; Byers<a href=\"http:\/\/www.pehub.com\/69656\/amonix-raises-129-million-from-kleiner-others\/\" > led the round<\/a>. Other participants included Adams Street Partners, Angeleno Group, PCG Clean Energy &amp; Technology Fund, Vedanta Capital, New Silk Route, and The Westly Group. MissionPoint Capital was a returning investor.<\/p>\n<p><span id=\"more-7739\"><\/span><\/p>\n<p>The company says it will use proceeds to scale production of its panel (last year the company bought San Francisco startup Sunworks Solar, a developer of thin-film solar panel factories).<\/p>\n<p>The amounts raised by early-stage greentech companies in a single raise is far larger than what straight technology companies ever raised. Kleiner, Perkins-backed Bloom Energy, the energy storage company has <a href=\"http:\/\/greenenergyreporter.com\/2010\/03\/february-top-ten-players-in-green-energy\/\" >so far raised $400 million<\/a>; Electric car company Tesla Motors <a href=\"http:\/\/greenenergyreporter.com\/2010\/02\/tesla-files-for-100m-ipo\/\" >is backed by $100 million<\/a> in venture capital; Thin-film photovoltaic cell maker Solyndra <a href=\"http:\/\/greenenergyreporter.com\/2010\/04\/cleantech-companies-attract-more-vc-funding-for-now\/\" >racked up $200 million in venture capital cash in 2009<\/a>.<\/p>\n<p><a href=\"http:\/\/greenenergyreporter.com\/2010\/04\/cleantech-companies-attract-more-vc-funding-for-now\/\" >Recent data shows that while a growing amount of cash is being invested in cleantech by early and later stage investors<\/a>, overall PE and VC\u00a0 funds are having a harder time raising capital. If the trend continues green energy companies could find it hard to raise money.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/nYvY79zG7Ho\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another day another huge cleantech venture capital funding round, today Amonix, a Seal Beach, Calif.-based maker of concentrated photovoltaic (CPV) solar power systems, has closed a $129.4 million\u00a0Series B funding. Kleiner, Perkins, Caufield &amp; Byers led the round. Other participants included Adams Street Partners, Angeleno Group, PCG Clean Energy &amp; Technology Fund, Vedanta Capital, New [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-537538","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/537538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=537538"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/537538\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=537538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=537538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=537538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}