About Silfab Solar
Silfab Solar is an Energy & Utilities company based in Mississauga (Canada) founded in 2010 by Franco Traverso. Manufacturer of solar PV modules. Silfab Solar has raised $225 million across 2 funding rounds from investors including Manulife, Ontario Power Generation and BDC. Its chief executive, as recorded, is Paolo Maccario. Its website silfabsolar.com draws about 20 thousand monthly visits. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment. Its competitors include Heliene, Astrum Solar and Samsung Renewable Energy; 1 of its 3 listed competitors has raised funding.
Company details
Silfab Solar was founded in 2010 and is headquartered in Mississauga, Canada. Solar photovoltaic modules are produced by the company within the renewable energy sector. Emphasis is placed on the design and development of efficient panels suitable for electricity generation at residential and commercial scales. Operations involve manufacturing processes tailored to these applications, supporting broader adoption of solar technology.
- Headquarters Mississauga, Canada
- Founders Franco Traverso
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website silfabsolar.com
- Social LinkedIn X Facebook
- Total Equity Funding$225M (USD)
in 2 rounds
- Latest Funding Round$125M (USD), Series D
Mar 2023
- InvestorsManulife
& 4 more
Funding Insights of Silfab Solar
Silfab Solar has successfully raised a total of $225M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $125 million completed in March 2023. 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 $225M
- Total Rounds 2
- Last Round Series D — $125M
- First Round $100M
(Sep 2021)
- Investors Count 5
All 2 funding rounds of Silfab 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 |
|---|---|---|---|---|---|
| Mar 2023 | $125M | Series D | – | ARC Financial | |
| Sep 2021 | $100M | Series C | – | ARC Financial |
5 investors in total: 5 institutional.
Investors in Silfab Solar
Silfab Solar has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Manulife, Ontario Power Generation and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canada's largest energy-focused private equity manager is operated. | 1989 | arcfinancial.com | Calgary, Canada | |
CF Private Equity is focused on private investment solutions for sophisticated investors. | 1988 | cfprivateequity.com | Wilton, United States | |
Life insurance and diversified asset management services are provided. | 1887 | manulife.com | Toronto, Canada | |
Nuclear and hydroelectric power generation services are provided. | 1999 | opg.com | Toronto, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada |
Investor details for Silfab Solar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Silfab Solar
19 people are tracked at Silfab Solar (11 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Franco Traverso | Co-Founder | Leadership |
Paolo Maccario | CEO & President | Leadership |
Ryan Adams | Director Of Business Development | Leadership |
Greg Brabec | Chief Legal Officer | Leadership |
Ted Ferguson | Director Sustainability And Government Relations | Leadership |
Trevor Carson | Chief Financial Officer | Leadership |
Derek Bender | Director Of Information Technology | Leadership |
Kristen O'Dell | Senior Human Resources Business Partner | Leadership |
Atul Gupta | Interim Chief Financial Officer | Leadership |
Renee Terreri, SPHR, SHRM-SCP | Corporate Director of Human Resources | Leadership |
Mina Malek | Senior HR Business Partner | Leadership |
Raksha Roy | Sr. ERP Manager | Team |
Samantha Calkins | Senior Human Resources Manager | Team |
Victor Gill | Senior Technical Recruiter | Team |
Brittney M. | HRIS Analyst | Team |
Geoff Atkins | Executive Advisor | Team |
Jyot Gill | Financial Planning And Analysis Manager | Team |
Heidy Medrano | HR Recruiter | Team |
Kemi Songonuga | Senior Treasury Manager | Team |
Complete people profiles for Silfab Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Silfab Solar
3 dated milestones of Silfab Solar across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Silfab Solar is founded.
- Funding First funding round of $100.0M.
- Funding Latest funding round, Series D, of $125.0M.
Competitors of Silfab Solar
Silfab Solar has 3 listed competitors in our database, 1 of them funded. They include Heliene, Astrum Solar and Samsung Renewable Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| heliene.com | 2010 | Sault Ste. Marie, Canada | $20M | 65 | Solar PV modules are manufactured for utility-scale projects. | |
| astrum-solar.com | 2014 | Windsor, Canada | Solar PV modules are manufactured for renewable energy applications. | |||
| samsungrenewableenergy.ca | 2009 | Mississauga, Canada | Samsung Renewable Energy manufactures components for renewable energy systems. |
Detailed competitors of Silfab Solar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Silfab Solar
The website of Silfab Solar (silfabsolar.com) receives about 20.5K visits a month.
- Monthly visits20.5K
▲ 34.4% vs previous month
Websites whose visitors overlap most with Silfab Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| siliconranch.com | 100% | 8.3K | #2,644,793 | View details | |
| solarpowerworldonline.com | 98% | #499,482 | View details | ||
| energysage.com | 98% | 390.5K | #113,502 | View details | |
| freedomsolarpower.com | 88% | 25.5K | #1,231,258 | View details | |
| enfsolar.com | 78% | 438.2K | #120,722 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Silfab Solar
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Silfab Solar
Complete news archive for Silfab Solar
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Frequently Asked Questions about Silfab Solar
Silfab Solar was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Silfab Solar is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Paolo Maccario is the CEO of Silfab Solar, as recorded in our data.
Silfab Solar is a funded company, having raised a total of $225M across 2 funding rounds to date. The company's 1st funding round was a Series C of $100M, raised on Sep 2021.
Silfab Solar was founded in 2010 and is headquartered in Mississauga, Canada. Solar photovoltaic modules are produced by the company within the renewable energy sector. Emphasis is placed on the design and development of efficient panels suitable for electricity generation at residential and commercial scales. Operations involve manufacturing processes tailored to these applications, supporting broader adoption of solar technology.
Silfab Solar's top competitors include Heliene, Astrum Solar and Samsung Renewable Energy.
Silfab Solar has 5 investors. Key investors include Manulife, Ontario Power Generation, BDC, ARC Financial, and CF Private Equity.