Solar ink maker Innovalight shines with $15M
Innovalight, a Sunnyvale, Calif. company that has developed solar ink (made of liquid-like solar cells) capable of being printed onto conducting surfaces to generate power, has brought in $15 million of an anticipated $20 million round of equity and rights, according to a filing with the SEC.
This brings the company’s total raised to $55 million, with backers including Arch Venture Partners, Apax Partners, Convexa Capital, Harris & Harris, Seven Rosen Funds, Leader Ventures and Silicon Valley Bank.
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Tags: co:Innovalight, inv:Apax-Partners, inv:ARCH-Venture-Partners, inv:Convexa-Capital, inv:harris-&-harris, inv:Leader-Ventures, inv:Seven-Rosen-Funds, inv:Silicon-Valley-Bank
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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