About Innovalight
Innovalight is a company based in Sunnyvale (United States) founded in 2002 was acquired by DuPont in July 2011.. Innovalight has raised $64.44 million across 7 funding rounds from investors including DuPont, Apax Partners and DOE. Innovalight operates in a competitive market with competitors including Trina Solar, Oxford Photovoltaics, Growatt, Amtech Systems and SCHMID, among others.
- Headquarter Sunnyvale, United States
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Funding Insights of Innovalight
Innovalight has successfully raised a total of $64.44M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $4.94 million completed in July 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 Total Funding
- Total Rounds 7
- Last Round Series D — $4.9M
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First Round
First Round
(01 Jan 2006)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2011 | Amount | Series D - Innovalight | Valuation |
investors |
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| May, 2011 | Amount | Grant - Innovalight | Valuation |
investors |
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| Jan, 2010 | Amount | Series D - Innovalight | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innovalight
Innovalight has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include DuPont, Apax Partners and DOE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on life science companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Innovalight
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innovalight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovalight Comparisons
Competitors of Innovalight
Innovalight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trina Solar, Oxford Photovoltaics, Growatt, Amtech Systems and SCHMID, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photovoltaic cells for PV and smart energy solutions are developed.
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| domain | founded_year | HQ Location |
Perovskite-based solar cells are provided for BIPV applications.
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| domain | founded_year | HQ Location |
Solar PV modules are manufactured by Growatt in China.
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| domain | founded_year | HQ Location |
Manufacturer of solar cells, semiconductors, and silicon wafers
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| domain | founded_year | HQ Location |
Manufacturer of process solutions and equipment
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| domain | founded_year | HQ Location |
Manufacturer of solar powered products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Innovalight
When was Innovalight founded?
Innovalight was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Innovalight located?
Innovalight is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is Innovalight a funded company?
Innovalight is a funded company, having raised a total of $64.44M across 7 funding rounds to date. The company's 1st funding round was a Series D of $18M, raised on Jan 01, 2006.
What does Innovalight do?
Innovalight was founded in 2002 and is located in Sunnyvale, United States. Solar cells are produced by the company within the renewable energy sector, focusing on photovoltaics. Silicon ink is utilized in a liquid-based processing method to create modules. This approach differs from traditional solid or gas processing of silicon and is applied to address costs and performance in solar technology operations.
Who are the top competitors of Innovalight?
Innovalight's top competitors include Trina Solar, Oxford Photovoltaics and Growatt.
Who are Innovalight's investors?
Innovalight has 12 investors. Key investors include DuPont, Apax Partners, DOE, Arch Venture Partners, and 180 Degree Capital.