Xunlight raises $22M for thin-film solar modules
Who said academic egg-heads can’t craft compelling business plans? Xunlight, a developer of cheap, flexible thin-film silicon solar modules, has capped off a $22 million second round of funding, led by Trident Capital, Emerald Technology Ventures and NGP Energy Technology Partners.
Emerald Technology Ventures led the first $7 million round last year, which enabled Xunlight to build a roll-to-roll pilot production facility. The company was founded as a spin-off from the University of Toledo, its academic… Continue Reading