About Solantro
Solantro is a company based in Ottawa (Canada) founded in 2009 by Tudor Lipan and Christian C was acquired by HUADA in September 2018. Solantro has raised $26 million across 6 funding rounds from investors including Ontario Canada, BDC and Export Development Canada. Solantro operates in a competitive market with competitors including Transphorm, Allegro MicroSystems, Power Integrations, Micrel and Wise-integration, among others.
- Headquarter Ottawa, Canada
- Founders Tudor Lipan, Christian C
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solantro.com
- Social LinkedIn X
- Acquired by HUADA (Sep 2018)
- Total Equity Funding$26M (USD)
in 6 rounds
- Latest Funding Round$11M (USD), Series B
Apr 2015
- InvestorsOntario Canada
& 8 more
- Acquired byHUADA
(Sep 2018)
Funding Insights of Solantro
Solantro has successfully raised a total of $26M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in April 2015. 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 $26M
- Total Rounds 6
- Last Round Series B — $11M
- First Round $5M
(Dec 2011)
- Investors Count 8
All 6 funding rounds of Solantro 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 |
|---|---|---|---|---|---|
| Apr 2015 | $11M | Series B | – | – | |
| Dec 2013 | $4M | Debt – Conventional | – | – | |
| Sep 2013 | $3.8M | Grant | – | – | |
| Dec 2012 | $10M | Series A | – | – | |
| Jan 2012 | $3.8M | Grant | – | – | – |
| Dec 2011 | $5M | Series A | – | – | – |
9 investors in total: 9 institutional.
Investors in Solantro
Solantro has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Ontario Canada, BDC and Export Development Canada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Black Coral Capital is focused on cleantech market investments. | – | blackcoralcapital.com | Boston, USA | |
Venture capital is provided to multiple sectors by Presidio Ventures. | – | presidio-ventures.com | Santa Clara, United States | |
A global investment fund focused on accelerating cleantech adoption. | – | inerjys.com | Montreal, Canada | |
Early-stage climate tech startups are supported with seed capital. | – | cevg.com | - | |
Venture capital firm focused on investing in clean tech sectors | – | sdtc.ca | Ottawa, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Access government services and products | 1881 | ontario.ca | Toronto, Canada | |
Provides ICs based on radio frequency | 2014 | hdsc.com.cn | Shanghai, China |
Investor details for Solantro
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
Verified entity values are shown only after access is granted.
People of Solantro
2 people are tracked at Solantro (2 in leadership).
| Name | Role | Group |
|---|---|---|
Tudor Lipan | Co-Founder | Leadership |
Christian C | Co-Founder | Leadership |
Complete people profiles for Solantro
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
Verified entity values are shown only after access is granted.
Timeline of Solantro
4 dated milestones of Solantro across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Solantro is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $11.0M.
- Exit Acquired by HUADA.
Competitors of Solantro
Solantro 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 Transphorm, Allegro MicroSystems, Power Integrations, Micrel and Wise-integration, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| transphormusa.com | 2007 | Goleta, United States | $266.24M | 69 | Power conversion ICs are developed using Gallium Nitride semiconductors. | |
| allegromicro.com | 1990 | Worcester, United States | $291M | 4,593 | Magnetic sensors and related ICs are manufactured for diverse sectors. | |
| power.com | 1988 | San Jose, United States | – | 346 | Developer of integrated power conversion solutions. It designs and manufactures a range of power ICs and related components for various applications, including AC-DC conversion, LED drivers, gate drivers, and motor drivers. These solutions are used across diverse sectors such as consumer electronics, industrial equipment, and automotive systems. The company provides comprehensive design support and resources to assist customers in integrating its products into their designs. It also offers a robust online support system for troubleshooting and technical assistance. | |
| micrel.com | 1978 | San Jose, United States | – | 587 | Analog and power IC solutions are developed for various applications. | |
| wise-integration.com | 2020 | Meylan, France | $19.4M | – | Provider of GaN integrated circuits | |
| quantance.com | 2006 | San Mateo, United States | $50.75M | 25 | Power supply technologies are developed for mobile broadband devices. | |
| ferric.com | 2008 | New York, United States | $41.61M | 28 | Provides power converter chips and circuit IP based on patented thin-film power inductors | |
| ixys.com | 1983 | Milpitas, United States | – | 308 | Power semiconductors, integrated circuits, and microcontrollers are developed and manufactured. | |
| exar.com | 1971 | Fremont, United States | – | – | Developer of power conversion modules and interfacing products |
Detailed competitors of Solantro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Solantro
10 companies that operate in the same segment as Solantro (Semiconductors & ICs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | – | USD 44.28 B | 49,000 | |
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
High-performance CPUs and GPUs are developed for computing applications. | 1969 | Santa Clara, California, United States | – | USD 25.79 B | 28,000 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
GaN-based power management ICs are manufactured for electronic devices. | 2014 | Dublin, Ireland | USD 49.6 M | USD 83.3 M | 280 | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | Santa Clara, California, United States | – | USD 52.85 B | 108,900 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M | – | – |
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Frequently Asked Questions about Solantro
Solantro was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Solantro is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Solantro is a funded company, having raised a total of $26M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 2011.
Solantro was founded in 2009 in Ottawa, Canada, as a provider of chipsets for power conversion applications. Customized chipsets, firmware, and development platforms are developed for renewable and distributed energy networks. The product portfolio includes analogue power managers, digital power processors, and DC controller chipsets. Operations focus on the power electronics sector, supporting energy infrastructure with integrated solutions.
Solantro's top competitors include Transphorm, Power Integrations and Allegro MicroSystems.
Solantro has 9 investors. Key investors include Ontario Canada, BDC, Export Development Canada, HUADA, and Black Coral Capital.
Yes. Solantro was acquired by HUADA in September 2018.