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Portland-based Solarcore raised $30M in a Series B funding round led by Airbus Ventures to scale sales through commercial and public partnerships.

Dec 02, 202410 months ago

Amount Raised

$30 Million

Round Type

series b

PortlandFashionManufacturing

Investors

Sequel PartnersWise PartnersMarquee VenturesAirbus Ventures

Description

Solarcore, formerly known as Oros Labs, has successfully raised $30 million in a Series B funding round led by Airbus Ventures. The funds will be used to enhance sales growth through strategic partnerships.

Company Information

Company

Solarcore

Location

Portland, Oregon, United States

About

Solarcore is a Portland-based high-tech apparel company that specializes in thermal insulation technology. Their products utilize NASA's aerogel technology, which is the lowest density thermal insulator available. Previously known as Oros Labs, they focus on partnerships to scale sales and market their innovative solutions.

FundzWatch™ Score

70
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech