Solaicx Closes $27.1 Million Series C Funding Round
SANTA CLARA, Calif., May 8 /PRNewswire/ -- Solaicx, a leading manufacturer of mono-crystalline silicon ingots and wafers optimized for photovoltaic applications, today announced it has closed $27.1 million in Series C financing. The D. E. Shaw group is the lead investor in the funding round, which includes a new investment from Mitsui Ventures and follow-on investments from Applied Ventures, LLC (the venture capital arm of Applied Materials, Inc.), Firsthand Capital Management, Big Sky Ventures, and Greenhouse Capital Partners.
"We have a strong interest in emerging leaders in the alternative energy space and are delighted to support Solaicx through this investment," said Alexander Wong, head of venture capital at the D. E. Shaw group. "Solaicx plays a crucial role in the solar energy value chain.
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