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Airbus Ventures Leads Solestial’s Oversubscribed $10M Seed Round

RECENTLY ACQUIREDOct 11, 2022

Amount Raised

$10 Million

Round Type

Seed

TempeOtherEnergy

Description

Airbus Ventures announces its newest lead investment in Solestial, Inc. (“Solestial”), the solar energy company for space. The round was joined by AEI HorizonX, GPVC, Stellar Ventures, Industrious Ventures, and others. This new funding will be used to ramp up production and customer engagement capabilities, as the company expands ground and flight testing in parallel; additional investments in R&D and go-to-market functions are also planned.

Quick answer

Solestial raised $10 Million in a Seed round, dated October 11, 2022. Solestial is based in Tempe, Arizona, United States.

How much did Solestial raise?
Solestial raised $10 Million in a Seed round on October 11, 2022.
What does Solestial do?
Solestial, Inc. is the solar energy company for space.
Where is Solestial based and how big is it?
Solestial is based in Tempe, Arizona, United States. Fundz records about 53 employees.
Who are the decision-makers at Solestial?
Fundz holds 1 contact at Solestial, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

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

  • TYLin raised $82M on November 25, 2022.
  • Time Equities raised $35M (Debt Financing) on November 23, 2022.
  • UgoWork raised $23M (Funding Round) on November 22, 2022.
  • Erthos raised $1M (Series B) on November 22, 2022.
  • I-Pulse Inc. raised $12M (Funding Round) on November 21, 2022.
  • Trinary Solar Group IV raised $975K (Seed) on November 18, 2022.

Who to call at Solestial, and when

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

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

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Company Information

Company

Solestial

Location

7700 SOUTH RIVER PARKWAY

Tempe, Arizona, United States

About

Solestial, Inc. is the solar energy company for space. Our breakthrough technology is a silicon solar cell engineered for space to self-cure radiation damage under sunlight at temperatures as low as 65°C. Solestial solar cells are packaged in a flexible solar power module engineered to withstand up to 10 years in a variety of destinations in space. Our flexible solar power modules can be produced on automated machines resulting in costs 90% lower than incumbent III-V solar products. Solestial’s innovative technology represents a paradigm shift for space solar; an affordable, durable, scalable solution to power development in space.

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

Related People

1 contact
Verified contactsAndrew A., Executive Officer, Director hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Solestial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, 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 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.