About Merlin Solar
Merlin Solar is a Technology company based in San Jose (United States) founded in 2016, and was acquired by AC Industrials in February 2018. Crystalline silicon-based solar modules are manufactured for varied deployments. It operates in the Technology and Energy & Utilities sectors. Merlin Solar has raised $47.06 million across 2 funding rounds from investors including Saint-Gobain, Fifth Wall and Ayala. Merlin Solar offers products and services including Merlin Solar Panels, Rooftop Solar Modules, and Mobile Solar Systems. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Modules. Its legal entity is Merlin Solar Technologies, Inc. Its competitors include Ambient Photonics, Swift Solar and mPower Technologies; 3 of its 3 listed competitors have raised funding.
Company details
Merlin Solar was founded in 2016 in San Jose, United States, within the renewable energy sector. Solar modules based on crystalline silicon are produced to support applications including metal roof installations, transportation auxiliary power, flush-mounted residential systems, and military uses. An interconnect system is also offered to enhance power extraction, reliability, and ruggedness beyond standard panels. Operations focus on photovoltaic solutions tailored to specific deployment needs.
- Headquarters San Jose, United States
- Stage Acquired
- SectorsTechnologyEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Website merlinsolar.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by AC Industrials (Feb 2018)
- Legal Name Merlin Solar Technologies, Inc
- Total Equity Funding$47.06M (USD)
in 2 rounds
- Latest Funding Round$16.06M (USD), Series B
Dec 2025
- InvestorsSaint-Gobain
& 3 more
- Acquired byAC Industrials
(Feb 2018)
Products & Services of Merlin Solar
Merlin Solar offers a comprehensive portfolio of products and services, including Merlin Solar Panels, Rooftop Solar Modules, and Mobile Solar Systems.
Durable panels for transportation and mobile power needs.
Lightweight modules for commercial and residential energy.
Reliable systems for disaster relief and security operations.
Apps and channels of Merlin Solar
its YouTube channel Merlin Solar Technologies has 100 subscribers and 8 videos.
Videos from Merlin Solar
The most watched videos on Merlin Solar's YouTube channel, Merlin Solar Technologies (100 subscribers). Click a video to play it here.
More on Merlin Solar Technologies.
Funding Insights of Merlin Solar
Merlin Solar has successfully raised a total of $47.06M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16.06 million completed in December 2025. 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 $47.06M
- Total Rounds 2
- Last Round Series B β $16.06M
- First Round $31M
(Oct 2024)
- Investors Count 3
All 2 funding rounds of Merlin 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 |
|---|---|---|---|---|---|
| Dec 2025 | $16.06M | Series B | β | β | β |
| Oct 2024 | $31M | Series B | β | Fifth Wall, Saint-Gobain |
4 investors in total: 4 institutional.
Investors in Merlin Solar
Merlin Solar has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Saint-Gobain, Fifth Wall and Ayala.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups by Fifth Wall. | 2016 | fifthwall.com | New York, United States | |
Venture capital fund focused on multiple sectors | acindustrialtech.com.ph | Makati, Philippines | ||
Construction products and innovative materials are manufactured by Saint-Gobain. | 1665 | saint-gobain.com | Paris, France | |
Private equity fund focused on real estate, water, financial services, and telecommunication sectors | 1834 | ayala.com | Makati, Philippines |
Investor details for Merlin Solar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Merlin Solar
20 people are tracked at Merlin Solar (16 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Dong Xu | Vice President Of Engineering | Leadership |
Imelda Repe | Finance Accounting And HR Director | Leadership |
Ian van Reepinghen | Chief Financial Officer | Leadership |
Venkatesan Murali | Founder & CTO | Leadership |
Tina Tan | VP Global Finance & Administration | Leadership |
Arthur R. Tan | Chairman & Ceo | Leadership |
Arthur Rudin | Head Of Deployment | Leadership |
Chris Herbert | Head Of Marketing & Business Development | Leadership |
Fernando Tanner Mejia | Head Of Transportation Business Unit & Global Applications Engineering | Leadership |
Edward Dechaumphai | Head Of Thailand Operations | Leadership |
Chirag Kapoor | Director, Global Supply Chain & India Operations | Leadership |
Olaf Gresens | Senior Vice President Operations | Leadership |
Laura Allen | Chief Operating Officer | Leadership |
Bob Brainard | Executive Vice President; Co-founder | Leadership |
Amanjol K. | Director, Global Accounting Controller | Leadership |
Mike S. | VP Of Sales | Leadership |
Emily Chan | Marketing Coordinator | Team |
Jaime Manuel Cantos Sanchez | Business Development Engineer | Team |
Paul Richard Palacio | Engineering Manager | Team |
Isaac Wall | Applications Engineering Manager | Team |
Complete people profiles for Merlin Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Merlin Solar
4 dated milestones of Merlin Solar across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Merlin Solar is founded.
- Exit Acquired by AC Industrials.
- Funding First funding round of $31.0M.
- Funding Latest funding round, Series B, of $16.1M.
Competitors of Merlin Solar
Merlin Solar has 3 listed competitors in our database, 3 of them funded. They include Ambient Photonics, Swift Solar and mPower Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ambientphotonics.com | 2019 | Scotts Valley, United States | $61M | 11 | Solar cells are supplied for powering connected IoT devices. | |
| swiftsolar.com | 2017 | Golden, United States | $42.39M | 19 | Flexible perovskite solar cells are provided using hybrid halide materials. | |
| mpowertech.com | 2008 | Albuquerque, United States | $56.41M | 11 | Provider of flexible silicon-based solar panels |
Detailed competitors of Merlin Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Merlin Solar
The website of Merlin Solar (merlinsolar.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▼ 6.8% vs previous month
Websites whose visitors overlap most with Merlin Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ervsolar.com | 100% | #5,240,194 | View details | ||
orionvangear.com | orionvangear.com | 83% | #1,104,713 | β |
Top companies in Embedded & Flexible Electronics
3 companies that operate in the same segment as Merlin Solar (Embedded & Flexible Electronics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 | ||
RF MEMS-based oscillators and resonators are supplied for diverse applications. | 2004 | Sunnyvale, California, United States | USD 51.97 M | USD 326.66 M | 395 | |
Flexible displays are researched, developed, and manufactured by Royole. | 2012 | Fremont, California, United States | USD 849.93 M | 78 |
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Related news about Merlin Solar
Complete news archive for Merlin Solar
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Frequently Asked Questions about Merlin Solar
Merlin Solar was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Merlin Solar is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Merlin Solar is a funded company, having raised a total of $47.06M across 2 funding rounds to date. The company's 1st funding round was a Series B of $31M, raised on Oct 2024.
Merlin Solar was founded in 2016 in San Jose, United States, within the renewable energy sector. Solar modules based on crystalline silicon are produced to support applications including metal roof installations, transportation auxiliary power, flush-mounted residential systems, and military uses. An interconnect system is also offered to enhance power extraction, reliability, and ruggedness beyond standard panels. Operations focus on photovoltaic solutions tailored to specific deployment needs.
Merlin Solar's top competitors include Swift Solar, mPower Technologies and Ambient Photonics.
Merlin Solar offers Merlin Solar Panels, Rooftop Solar Modules, and Mobile Solar Systems.
Merlin Solar has 4 investors. Key investors include Saint-Gobain, Fifth Wall, Ayala, and AC Industrials.
Merlin Solar operates through Merlin Solar Technologies, Inc.
Yes. Merlin Solar was acquired by AC Industrials in February 2018.

