About Merlin Solar
Merlin Solar is a company based in San Jose (United States) founded in 2016 was acquired by AC Industrials in February 2018. 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. Merlin Solar operates in a competitive market with competitors including Ambient Photonics, Swift Solar, Meyer Burger, mPower Technologies and MiaSole, among others.
- Headquarter San Jose, United States
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Sectors
TechnologyEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Merlin Solar Technologies, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$47.06 M (USD)
in 2 rounds
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Latest Funding Round
$16.06 M (USD), Series B
Dec 18, 2025
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Investors
Saint-Gobain
& 3 more
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Employee Count
Not available
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Acquired by
AC Industrials
(Feb 26, 2018)
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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.
People of Merlin Solar
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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.
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.
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Investments are made in early-stage tech startups by Fifth Wall.
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Venture capital fund focused on multiple sectors
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Construction products and innovative materials are manufactured by Saint-Gobain.
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Investor details for Merlin Solar
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Investments & Acquisitions by Merlin Solar
Investment portfolio details for Merlin Solar
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Financial Statements - Merlin Solar
Detailed financials for Merlin Solar
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Merlin Solar Comparisons
Peer comparison for Merlin Solar
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Competitors of Merlin Solar
Merlin Solar 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 Ambient Photonics, Swift Solar, Meyer Burger, mPower Technologies and MiaSole, among others.
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Solar cells are supplied for powering connected IoT devices.
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Flexible perovskite solar cells are provided using hybrid halide materials.
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Printed photovoltaic cells are provided using heterojunction technology.
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Provider of flexible silicon-based solar panels
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CIGS PV module manufacturer
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Perovskite solar films and capacitors are developed using microgroove technology.
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Detailed competitors of Merlin Solar
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Latest news on 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.
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 Power Roll.
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.