Solexel

Milpitas, United States Founded: 2007 • Age: 19 yrs
Develops innovative crystalline silicon solar cells and modules for electricity generation.

About Solexel

Solexel is a company based in Milpitas (United States) founded in 2007. It operates as a B2B. Solexel has raised $237.86 million across 8 funding rounds from investors including SunPower, Kleiner Perkins and Univest. The company has 62 employees. Solexel operates in a competitive market with competitors including Kyocera, Suniva, Trina Solar, Silfab Solar and Suntech Power, among others.

  • Headquarter Milpitas, United States
  • Employees 62
  • Sectors
    Energy & Utilities
  • Website solexel.com
  • Social X
  • Legal Name Solexel, Inc
Key Metrics
  • Total Equity Funding
    $237.86M (USD)

    in 8 rounds

  • Latest Funding Round
    $100.7M (USD), Series D

    Feb 2016

  • Investors
    SunPower

    & 18 more

  • Employee Count
    62

Funding Insights of Solexel

Solexel has successfully raised a total of $237.86M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $100.7 million completed in February 2016. 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 $237.86M
  • Total Rounds 8
  • Last Round Series D β€” $100.7M
  • First Round $15M

    (May 2007)

  • Investors Count 19

All 8 funding rounds of Solexel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2016$100.7MSeries D––
Jan 2015$25MDebt – Conventional––
Jul 2014$31MSeries D–Kleiner Perkins, Technology Partners
–
Aug 2013$54.66MSeries C––
Jul 2012$36.5MSeries C––
–
Sep 2008$3MGrant––
Jul 2008–Series B––
May 2007$15MSeries A––
–
Valuation history

19 investors in total: 19 institutional.

Investors in Solexel

Solexel has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include SunPower, Kleiner Perkins and Univest.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are made in US life sciences and energy companies.
–technologypartners.comPalo Alto, United States
Mid-stage venture capital investments and support for tech entrepreneurs.
–dagventures.com-
Growth-stage technology companies are funded via primary and secondary investments.
–gsquared.comChicago, United States
Northgate Capital is engaged in venture capital and private equity investments.
2000northgate.comSan Francisco, United States
Venture capital fund focused on multiple sectors
–surocap.comSan Francisco, United States
Investment arm of King Saud University focused on innovation.
–rvc.com.saRiyadh, Saudi Arabia
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
-
–spiroxventures.com-
Mid market focused private equity firm
–oakhill.comNew York, United States
US focused VC firm
–westlygroup.comMenlo Park, United States
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Investor details for Solexel

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  • Round participation
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Timeline of Solexel

3 dated milestones of Solexel across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Solexel is founded.
  2. Funding First funding round of $15.0M.
  3. Funding Latest funding round, Series D, of $100.7M.

Competitors of Solexel

Solexel 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 Kyocera, Suniva, Trina Solar, Silfab Solar and Suntech Power, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
global.kyocera.com1959Horse Shoe, United States$2M70,153
Kyocera is engaged in providing technology solutions globally.
suniva.com2007Norcross, United States$224.35M–
High-efficiency silicon photovoltaic cells and modules are manufactured by Suniva.
trinasolar.com1997San Jose, United States$40M69
Photovoltaic cells for PV and smart energy solutions are developed.
silfabsolar.com2010Mississauga, Canada$225M–
Manufacturer of solar PV modules
suntech-power.com2001Wuxi, China––
Produces solar panels
jinkosolar.com2006Shanghai, China$35M–
Solar modules are manufactured using bifacial and half-cell technologies.
yinglisolar.com1998Baoding, China––
Solar panels are manufactured and installed worldwide by Yingli Solar.
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Detailed competitors of Solexel

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Web traffic of Solexel

The website of Solexel (solexel.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

Similar websites

Websites whose visitors overlap most with Solexel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
falconebiz.com
100%
959.8K#63,970View details
tofler.in
97%
556K#105,509View details
zaubacorp.com
96%
4.9M#12,689View details
tracxn.com
92%
2.9M#16,597View details
indiafilings.com
90%
2.1M#29,959View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Solexel

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Solexel

Element 3D hires COO
Thefabricator β€’ 3 years ago
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Complete news archive for Solexel

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Solexel

10 companies that operate in the same segment as Solexel (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 1.96 B––
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 374.18 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about Solexel

Solexel was founded in 2007.

Solexel is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.

Solexel is a funded company, having raised a total of $237.86M across 8 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on May 2007.

Solexel has 62 employees.

Solexel, based in Milpitas, focuses on working in the energy sector, promoting renewable energy, solar technology, and photovoltaic cells. Develops innovative crystalline silicon solar cells and modules for electricity generation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Solexel's top competitors include Trina Solar, Suniva and Jinko Solar.

Solexel has 19 investors. Key investors include SunPower, Kleiner Perkins, Univest, DOE, and Northgate Capital.

Solexel operates through Solexel, Inc.

The website of Solexel receives about 681 thousand visits a month.

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