Sunborne Energy Technologies is a company dedicated to bringing low-cost, utility-scale solar energy to India, leveraging the country's abundant sunlight to meet its energy needs. The company has assembled a team of internationally acclaimed experts in solar power generation and other technologists and scientists. SunBorne Energy is supported by General Catalyst Partners, a prominent US-based private equity fund with over $1.7 billion in assets, along with experienced business leaders with a focus on India. The company's goal is to establish itself as a leading solar power developer, aiming to develop projects exceeding 1 GW of power within the next 5-7 years, commissioning over 200 MW of solar power plants by 2014 and achieving grid parity within 5-7 years. The company was founded in 2008. The last investment received was a $5.00M Venture Round investment on 20 June 2012. Their efforts align with addressing India’s energy independence through the development of sustainable energy solutions.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $5.00M | - | 20 Jun 2012 | |
| Debt Financing | $30.50M | - | 18 Aug 2011 | |
| Venture Round | $3.10M | 1 |
|
24 Nov 2010 |
| Venture Round | $5.00M | - | 16 Dec 2009 |
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