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Reliance New Energy Limited To Invest In Caelux Corporation

PRIVATESep 23, 2022

Round Type

Funding Round

Baldwin ParkManufacturingEnergyRenewable EnergySolar

Description

Reliance New Energy Limited ("RNEL"), a wholly owned subsidiary of Reliance Industries Ltd ("Reliance"), has today signed definitive agreements to invest in Caelux Corporation ("Caelux"), a company headquartered in Pasadena, California, in the United States of America, engaged in the development of perovskite-based solar technology. RNEL will invest USD 12 million to acquire 20% stake in Caelux.

Company Information

Company

Caelux

Location

Baldwin Park, California, United States

About

Caelux’s proprietary technologies improve the performance of any new crystalline silicon module, making solar energy more powerful and cost-effective. Headquartered in Baldwin Park, California, Caelux is at the forefront of the emerging science of perovskites, a special class of nanomaterials. Its flagship product, Caelux™ One is an innovative product that integrates seamlessly into existing PV module manufacturing processes, boosting performance, reducing installed costs, and accelerating the proliferation of solar.

Fundz sees it the moment Caelux raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsScott G., Chief Executive Officer hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Caelux's next move

See what Strategic adds

Caelux raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.