Swift Solar raised $27 million in a Series A funding round led by Eni Next and Fontinalis Partners to scale its perovskite tandem technology for efficient and stable solar products.
Amount Raised
$27 Million
Round Type
Series A
San CarlosInformation TechnologyEnergyRenewable EnergySolarBiomass EnergyInvestors
Description
Swift Solar, a pioneering American solar technology company, announced the close of its $27 million Series A financing round. The round was co-led by Eni Next and Fontinalis Partners, with participation from new and existing investors including Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin, and Climate Capital. The funding will accelerate Swift Solar's scaling of efficient and stable tandem technology as the company prepares to break ground on its first factory.
Quick answer
Swift Solar raised $27 Million in a Series A round, dated June 12, 2024. Investors: Climate Capital, Jonathan Lin, Fred Ehrsam, Adam Winkel, James Fickel, Sid Sijbrandij, Toba Capital and HL Ventures. Swift Solar is based in San Carlos, California, United States.
- How much did Swift Solar raise?
- Swift Solar raised $27 Million in a Series A round on June 12, 2024.
- Who invested in Swift Solar?
- Climate Capital, Jonathan Lin, Fred Ehrsam, Adam Winkel, James Fickel, Sid Sijbrandij, Toba Capital and HL Ventures are named as investors in this round.
- What does Swift Solar do?
- Swift Solar is a U.S. company developing advanced solar technology that outperforms anything on the market today.
- Where is Swift Solar based and how big is it?
- Swift Solar is based in San Carlos, California, United States.
- Who are the decision-makers at Swift Solar?
- Fundz holds 1 contact at Swift Solar, including the Co-Founder and CEO. 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 Swift Solar that raised within 45 days of this round, from Fundz verified event records.
- Aura Power raised $13M (Grant) on May 1, 2024.
- Greenely raised $8.7M (Series A) on July 26, 2024.
- Naked Energy raised $22M (Series B) on July 15, 2024.
- Sircel raised $5M (Funding Round) on July 11, 2024.
- Orus Energy raised $2.4M (Pre-Seed) on July 5, 2024.
- GlassPoint raised $2.5M (Series A) on July 2, 2024.
Who to call at Swift Solar, and when
A new round usually means Swift Solar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Swift Solar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Swift Solar, from your own LinkedIn network
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Funding Insights
What this usually meansSwift Solar 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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