About Innovalight
Innovalight is an Energy & Utilities company based in Sunnyvale (United States) founded in 2002, and was acquired by DuPont in July 2011. It operates as a high-efficiency solar cells are manufactured using silicon ink. Innovalight has raised $64.44 million across 7 funding rounds from investors including DuPont, Apax Partners and DOE. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment. Its competitors include Trina Solar, Oxford Photovoltaics, Growatt, Amtech Systems and SCHMID and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Sunnyvale, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website innovalight.com
- Social LinkedIn
- Acquired by DuPont (Jul 2011)
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 $64.44M
- Total Rounds 7
- Last Round Series D — $4.94M
- First Round $6M
(Jan 2006)
- Investors Count 11
All 7 funding rounds of Innovalight 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 |
|---|---|---|---|---|---|
| Jul 2011 | $4.94M | Series D | – | – | – |
| May 2011 | $3.4M | Grant | – | – | |
| Jan 2010 | $18M | Series D | – | – | |
| Jul 2008 | $5M | Debt – Venture | – | – | |
| Oct 2007 | $28M | Series C | – | Convexa | |
| May 2006 | $7.5M | Series B | – | – | – |
| Jan 2006 | $6M | Series A | – | – | – |
12 investors in total: 12 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government-backed investments are directed toward healthcare, fintech, and various sectors. | – | edbi.com | Singapore, Singapore | |
Equity investments are focused on tech, services, and consumer sectors. | 1981 | apax.com | Hong Kong, China | |
Venture capital firm focused on life science companies | 1986 | archventure.com | Chicago, United States | |
- | – | convexa.com | - | |
Early-stage US investments in technology and offline sectors are targeted. | – | srfunds.com | Dallas, United States | |
A venture capital firm focused on technology investments. | 2004 | tritonventures.com | Austin, United States | |
VC firm funding companies in the US | 1981 | 180degreecapital.com | Montclair, United States | |
VC & private debt firm focused on tech companies | 1977 | atel.com | San Francisco, United States | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - | |
Early-stage investments are focused on Southeast Asia and India. | – | vertexventures.com | Palo Alto, United States |
Investor details for Innovalight
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Timeline of Innovalight
4 dated milestones of Innovalight across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Innovalight is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series D, of $4.9M.
- Exit Acquired by DuPont.
Competitors of Innovalight
Innovalight has 8 listed competitors in our database, 4 of them funded. They include Trina Solar, Oxford Photovoltaics, Growatt, Amtech Systems and SCHMID, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trinasolar.com | 1997 | San Jose, United States | $40M | 69 | Photovoltaic cells for PV and smart energy solutions are developed. | |
| oxfordpv.com | 2010 | Oxford, United Kingdom | $202.24M | 115 | Perovskite-based solar cells are provided for BIPV applications. | |
| growatt.com | 2011 | Shenzhen, China | – | – | Solar PV modules are manufactured by Growatt in China. | |
| amtechsystems.com | 1981 | Tempe, United States | – | 405 | Manufacturer of solar cells, semiconductors, and silicon wafers | |
| schmid-group.com | 1864 | Freudenstadt, Germany | – | – | Manufacturer of process solutions and equipment | |
| sundrivesolar.com | 2015 | Wollongong, Australia | $26M | – | Manufacturer of solar powered products | |
| solopower.com | 2005 | San Jose, United States | $272.87M | 24 | Flexible thin-film photovoltaic cells are provided for solar energy applications. | |
| hanwha-qcells.com | 1999 | Seoul, South Korea | – | – | Solar cells and photovoltaic modules are manufactured globally. |
Detailed competitors of Innovalight
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- Full competitor set
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Web traffic of Innovalight
Websites that share an audience with Innovalight (innovalight.com).
Websites whose visitors overlap most with Innovalight. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| atdbio.com | 100% | 29.3K | #886,988 | View details | |
capsulution.com | capsulution.com | 100% | – | #3,311,802 | – |
| hybridplastics.com | 100% | 1.8K | #6,871,765 | View details | |
bionanomatrix.com | bionanomatrix.com | 100% | – | – | – |
| eurochem.co.uk | 100% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Innovalight
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- 14 similar websites
- Audience overlap
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Innovalight (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Innovalight
Complete news archive for Innovalight
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Frequently Asked Questions about Innovalight
Innovalight was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Innovalight is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
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 A of $6M, raised on Jan 2006.
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.
Innovalight's top competitors include Trina Solar, Oxford Photovoltaics and Growatt.
Innovalight has 12 investors. Key investors include DuPont, Apax Partners, DOE, Arch Venture Partners, and 180 Degree Capital.
Yes. Innovalight was acquired by DuPont in July 2011.