Abound Solar is a leading manufacturer of next-generation, thin-film cadmium telluride solar modules. Founded in 2007 and headquartered in the United States, the company focuses on producing solar modules ideal for large-commercial and utility-scale installations. The company's recent $110.00M Private Equity Round investment, which occurred on 15 December 2010, involved noteworthy investors including Doll Capital Management, Invus, British Petroleum, and Bohemian Companies. The company's commitment to ensuring a sustainable and abundant supply of renewable energy contributes to addressing the world's energy demands.
Abound Solar's dedication to manufacturing and renewable energy puts it at the forefront of the industry, making it an attractive prospect for venture capital investment. With its strong financial backing and focus on large-scale solar installations, the company is poised for significant growth and impact within the renewable energy sector. As the push for sustainability and renewable energy solutions continues to strengthen, Abound Solar's position in the market and its key investments make it a compelling consideration for venture capitalists seeking opportunities in sustainable technology and manufacturing.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | $110.00M | 4 |
|
15 Dec 2010 |
| Grant | $400.00M | 1 | US Department of Energy | 06 Jul 2010 |
| Venture Round | $104.00M | 5 |
|
29 Aug 2008 |
| Grant | $3.00M | - | 05 Sep 2007 |
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