Fundz

Silfab Solar raised $100 million in new financing led by ARC Financial Corp. to scale its solar cell manufacturing facility in Fort Mill, S.C.

PRIVATENov 21, 2024

Amount Raised

$100 Million

Round Type

Funding Round

MississaugaManufacturingEnergyRenewable Energy

Investors

Sr Alternative Credit LlcARC Financial Corp.Breakwall Capital

Description

Silfab Solar has closed on $100 million of new financing, which includes a $50 million equity investment led by ARC Financial Corp. and a $50 million senior secured financing led by Breakwall Capital. The investments will advance capacity in their new solar cell production facility in Fort Mill, South Carolina.

Quick answer

Silfab Solar raised $100 Million in a Funding Round round, dated November 21, 2024. Investors: Sr Alternative Credit Llc, ARC Financial Corp. and Breakwall Capital. Silfab Solar is based in Mississauga, Ontario, Canada.

How much did Silfab Solar raise?
Silfab Solar raised $100 Million in a Funding Round round on November 21, 2024.
Who invested in Silfab Solar?
Sr Alternative Credit Llc, ARC Financial Corp. and Breakwall Capital are named as investors in this round.
What does Silfab Solar do?
Silfab Solar is the North American leader in the design, development, and manufacture of high-efficiency, premium-quality solar modules.
Where is Silfab Solar based and how big is it?
Silfab Solar is based in Mississauga, Ontario, Canada.
Who are the decision-makers at Silfab Solar?
Fundz holds 1 contact at Silfab Solar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Silfab Solar that raised within 45 days of this round, from Fundz verified event records.

  • Expion Energy, Inc. raised $2.5M (Seed) on January 2, 2025.
  • Stratus Material raised $3M (Seed) on December 23, 2024.
  • Mojave Energy Systems raised $9.5M (Series A) on December 18, 2024.
  • Illumion raised $2.7M (Seed) on December 4, 2024.
  • Molyon raised $4.6M (Seed) on November 26, 2024.
  • Vaulted Deep raised $32M (Series A) on November 15, 2024.

Who to call at Silfab Solar, and when

A new round usually means Silfab Solar is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Silfab Solar raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Silfab Solar, from your own LinkedIn network

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Company Information

Company

Silfab Solar

Location

Mississauga, Ontario, Canada

About

Silfab Solar is the North American leader in the design, development, and manufacture of high-efficiency, premium-quality solar modules. Silfab leverages more than 40 years of solar experience and best-in-class technologies to produce the highest-rated solar modules in the industry. Silfab operates state-of-the-art facilities in Washington, USA, and Fort Mill, South Carolina, manufacturing solar cells and PV modules. All our locations feature multiple automated production lines, certified ISO 9001:2015 Quality Management Systems, and just-in-time manufacturing to deliver Buy American-approved PV modules specifically designed for and dedicated to the North American market.

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