About Crystal Solar
Crystal Solar is an Energy & Utilities company based in Santa Clara (United States) founded in 2008. Kerfless wafer technology is developed for monocrystalline silicon solar cells. Crystal Solar has raised $25 million across 2 funding rounds from investors including Hanwha. The company has 5 employees. Crystal Solar offers products and services including Solar PV System, Battery Storage Solution, EV Charging System, and System Design Service. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Module Manufacturing. Its legal entity is CRYSTAL SOLAR, INC.
Company details
Crystal Solar was founded in 2008 and is based in Santa Clara, United States, within the solar energy sector. Operations center on kerfless wafer technology, where feedstock gas is directly converted to monocrystalline silicon wafers through high-throughput epitaxial growth. Steps including polysilicon production, ingoting, and wire-sawing are eliminated. This approach yields reduced costs per watt for wafers and lowers capital needs for manufacturing facilities.
- Headquarters Santa Clara, United States
- Employees 5
- SectorsEnergy & Utilities
- Email••••••••
- Website xtalsolar.com
- Social LinkedIn
- Legal Name Crystal Solar, Inc.
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series B
Sep 2011
- Investors
- Employee Count5
Products & Services of Crystal Solar
Crystal Solar offers a comprehensive portfolio of products and services, including Solar PV System, Battery Storage Solution, EV Charging System, and System Design Service.
Generates electricity from sunlight for homes and businesses.
Stores solar energy for reliable power supply and backup.
Enables solar-powered charging for electric vehicles.
Offers custom network design for solar installations.
Funding Insights of Crystal Solar
Crystal Solar has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25M
- Total Rounds 2
- Last Round Series B — $15M
- First Round $10M
(Aug 2008)
- Investors Count 1
All 2 funding rounds of Crystal Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | $15M | Series B | – | – | |
| Aug 2008 | $10M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Crystal Solar
Crystal Solar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hanwha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of solar cells, modules, and other related components | 1952 | hanwha.com | Seoul, South Korea |
Investor details for Crystal Solar
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Timeline of Crystal Solar
3 dated milestones of Crystal Solar across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Crystal Solar is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $15.0M.
Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as Crystal Solar (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 987 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about Crystal Solar
Crystal Solar was founded in 2008.
Crystal Solar is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Crystal Solar is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Aug 2008.
Crystal Solar has 5 employees.
Crystal Solar was founded in 2008 and is based in Santa Clara, United States, within the solar energy sector. Operations center on kerfless wafer technology, where feedstock gas is directly converted to monocrystalline silicon wafers through high-throughput epitaxial growth. Steps including polysilicon production, ingoting, and wire-sawing are eliminated. This approach yields reduced costs per watt for wafers and lowers capital needs for manufacturing facilities.
Crystal Solar offers Solar PV System, Battery Storage Solution, EV Charging System, and System Design Service.
Crystal Solar has 1 investor. Key investors include Hanwha.
Crystal Solar operates through Crystal Solar, Inc..