Solopower raises $30M more
SoloPower, the Milpitas, Calif., company building a new solar power technology based on “electroplating,” which saves costs by placing expensive carbon material only in areas high voltage potential, has raised $30 million in venture backing.
We reported the round before, but at the time the amount was unknown.
PE Wire confirms that the maker of of thin-film photovoltaics has raised $30 million with Convexa Capital of Norway leading the deal, joined by Crosslink Capital and Firsthand Capital… Continue Reading
Greentech notes: SoloPower, MWOE, SNTech
Here’s a roundup of the latest green technology developments.
SoloPower announces investors — The Milpitas, Calif. make of photovoltaic solar cells and modules ,said it has $30 million more in a second round of capital. That adds to its previous $10 million. It’s well-funded, but not near nearly as well as some other players using the similar material, copper-indium-gallium-selenide (CIGS), to make newer, low-cost solar cells. Nanosolar, Heliovolt, Solyndra and Miasole have all raised significantly more… Continue Reading
Broadcom to acquire Global Locate, a provider of GPS technology
Broadcom Corporation, of Irvine, Calif. a maker of semiconductors for communications, said it has agreed to acquire Global Locate, a private San Jose, Calif. fabless provider of global positioning system (GPS) and assisted GPS (A-GPS) semiconductor products and software.
The amount was undisclosed.
GPS is expected to join Bluetooth and similar wireless technologies as a pervasive feature in next generation mobile devices, Broadcom said in a statement. Global Locate’s semiconductor products are used in mobile phones… Continue Reading
Solaicx, a solar cell maker, raises $27.1M more
Solar cell maker Solaicx, of Santa Clara, has raised $27.1 million more in a third round of funding to help it it expand production, saying its cells are more efficient.
The venture capital arm of D.E. Shaw & Co. led the round, which also included Mitsui Ventures and existing backers Applied Ventures, the venture arm of Applied Materials Inc., Big Sky Ventures, Firsthand Capital Management, and Greenhouse Capital Partners.
The anouncement is here.
The company says its… Continue Reading