SolarBridge Technologies

company

About

SolarBridge Technologies commercializes power electronics technologies.

  • 51 - 100

Details

Last Funding Type
Grant
Last Funding Money Raised
$2.30M
Industries
Electronics,Manufacturing,Solar
Founded date
Jan 1, 2004
Number Of Employee
51 - 100
Operating Status
Active

SolarBridge Technologies, formerly SmartSpark Energy Systems, was founded in 2004 to commercialize power electronics technologies created at the University of Illinois. In early 2009, they launched a new corporate strategy to focus exclusively on the solar industry with microinverter and monitoring solutions.

The company has a major research and development site in Champaign, Illinois and has recently expanded to include a new corporate headquarters in Austin, Texas. Led by industry veterans and academic professionals, their mission is to reduce the Levelized Cost of Energy (LCOE) for solar installations by dramatically improving reliability, increasing energy production, and simplifying installation.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$23.05M
SolarBridge Technologies has raised a total of $23.05M in funding over 2 rounds. Their latest funding was raised on Oct 7, 2011 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 7, 2011 Grant $1.75M 1 Detail
Sep 13, 2011 Grant $2.30M 1 Detail
Jun 20, 2011 Series C $19M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
SolarBridge Technologies is funded by 2 investors. US Department of Energy and Texas Wide Open for Business are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Grant
Texas Wide Open for Business Series C