About Swift Solar
Swift Solar is a Technology company based in Golden (United States) founded in 2017 by Tomas Leijtens, Joel Jean, Max Hoerantner, Sam Stranks, and Giles Eperon. Flexible perovskite solar cells are provided using hybrid halide materials. It operates in the Technology and Energy & Utilities sectors. Swift Solar has raised $42.39 million across 5 funding rounds from investors including Eni Next, Leland Stanford Junior University and Good Growth Capital. The company has 19 employees. Its chief executive, as recorded, is Joel Jean. Swift Solar offers products and services including Perovskite Solar Panels, Commercial Solar Solutions, Utility-Scale Solar, and Residential Solar. Its focus areas include Semiconductors, Photonics, Nanophotonics and Nanophotonic Products. Its legal entity is SWIFT SOLAR INC. Its competitors include Ambient Photonics, First Solar and Alta Devices; 2 of its 3 listed competitors have raised funding.
Company details
Swift Solar was founded in 2017 in Golden, United States, within the renewable energy sector. Flexible perovskite solar cells are developed and supplied, employing hybrid organic-inorganic lead or tin halide-based materials for the light-harvesting layer. Operations focus on features like outdoor self-charging capabilities, performance in flexible formats, compatibility with building materials, and optimized power-to-weight ratios for various applications.
- Headquarters Golden, United States
- Employees 19
- Founders Tomas Leijtens, Joel Jean, Max Hoerantner, Sam Stranks, Giles Eperon
- SectorsTechnologyEnergy & Utilities
- Website swiftsolar.com
- Social LinkedIn X Facebook
- Legal Name Swift Solar Inc.
- Total Equity Funding$42.39M (USD)
in 5 rounds
- Latest Funding Round$27M (USD), Series A
Dec 2023
- InvestorsEni Next
& 20 more
- Employee Count19
Products & Services of Swift Solar
Swift Solar offers a comprehensive portfolio of products and services, including Perovskite Solar Panels, Commercial Solar Solutions, Utility-Scale Solar, and Residential Solar.
High-efficiency panels for energy generation in various applications
Solar products for business facilities to reduce costs
Scalable solar for profitable large projects
Efficient arrays for homes with shorter payback periods
Funding Insights of Swift Solar
Swift Solar has successfully raised a total of $42.39M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $27 million completed in December 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 $42.39M
- Total Rounds 5
- Last Round Series A — $27M
- First Round $600,000
(Jun 2018)
- Investors Count 21
All 5 funding rounds of Swift 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 2023 | $27M | Series A | – | Eni Next, Fontinalis Partners | |
| Nov 2020 | $8.16M | Series A | – | Good Growth Capital, Safar Partners | |
| Jul 2019 | $225,000 | Grant | – | – | |
| Dec 2018 | $6.62M | Series A | – | – | – |
| Jun 2018 | $600,000 | Series A | – | – | – |
21 investors in total: 12 institutional and 9 angel.
Investors in Swift Solar
Swift Solar has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Eni Next, Leland Stanford Junior University and Good Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused Stage-Agnostic VC Firm investing in the US | fontinalis.com | Detroit, United States | ||
Early-stage investments are made in life sciences and technologies. | 2017 | goodgrowthvc.com | Charleston, United States | |
BlueScope X is focused on investing in steel industry innovations. | bluescopex.io | |||
Stage-agnostic investments are conducted by Toba Capital in US companies. | tobacapital.com | Newport Beach, United States | ||
Venture capital is invested in climate tech startups and entrepreneurs. | climatecapital.co | San Francisco, United States | ||
| hlv.vc | ||||
Early-stage climate technology companies are supported through investments. | voyagervc.com | |||
Safar Partners is engaged in investing in technology startups. | 2018 | safar.partners | Cambridge, United States | |
Climate Capital is engaged in renewable energy project investment. | climatecapital.com.au | Hobart, Australia | ||
Provider of exploration, production, and distribution services of oil & gas | 1953 | eni.com | Boston, United States |
Investor details for Swift Solar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Swift Solar
30 people are tracked at Swift Solar (8 in leadership, 7 in board & advisors, 15 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Tomas Leijtens | Co-Founder & CTO | Leadership |
Joel Jean | Co-Founder & CEO | Leadership |
Max Hoerantner | Co-Founder | Leadership |
Sam Stranks | Co-Founder | Leadership |
Giles Eperon | Co-Founder & CSO | Leadership |
Pat Millham | Chief of Staff | Leadership |
Caitlin Hogan | Head Of Data Systems | Leadership |
Bijan Moslehi | Vice President Of Manufacturing | Leadership |
Mike McGehee | Advisor | Board & advisors |
Denis De Ceuster | Advisor | Board & advisors |
Atiye Bayman | Advisor | Board & advisors |
Anne Hoskins | Advisor | Board & advisors |
Doug Daniels | Advisor | Board & advisors |
Chris Norris | Advisor | Board & advisors |
Vladimir Bulović | Advisor | Board & advisors |
Nancy Trejo | Senior R&D Scientist | Team |
Annikki Santala | Senior R&D Scientist | Team |
Rohit Prasanna | Manager, Materials R&D | Team |
Miles Barr | Operating Advisor | Team |
Roger Thompson | Senior Process Technician | Team |
10 more people are available in the full profile.
Complete people profiles for Swift Solar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Swift Solar
3 dated milestones of Swift Solar across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Swift Solar is founded.
- Funding First funding round of $600K.
- Funding Latest funding round, Series A, of $27.0M.
Competitors of Swift Solar
Swift Solar has 3 listed competitors in our database, 2 of them funded. They include Ambient Photonics, First Solar and Alta Devices.
| 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. | |
| firstsolar.com | 1999 | Tempe, United States | 6,700 | Provider of cadmium telluride-based flexible solar modules | ||
| altadevices.com | 2008 | Santa Clara, United States | $72M | 286 | Mobile power technology. |
Detailed competitors of Swift 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
Verified entity values are shown only after access is granted.
Web traffic of Swift Solar
The website of Swift Solar (swiftsolar.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 57.3% vs previous month
Top companies in Nanotechnology
3 companies that operate in the same segment as Swift Solar (Nanotechnology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of technologies for analysis of genetic variation and function | 1993 | San Diego, California, United States | USD 28 M | USD 1.44 M | 29 | |
RNA interference-based therapeutics are developed for multiple disorders. | 2002 | Cambridge, Massachusetts, United States | USD 17 M | USD 3.71 B | 2,230 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Related news about Swift Solar
Complete news archive for Swift Solar
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Frequently Asked Questions about Swift Solar
Swift Solar was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Swift Solar is headquartered in Golden, United States. It is registered at Golden, Colorado, United States.
Joel Jean is the CEO of Swift Solar, as recorded in our data. They have also founded this company.
Swift Solar is a funded company, having raised a total of $42.39M across 5 funding rounds to date. The company's 1st funding round was a Series A of $600K, raised on Jun 2018.
Swift Solar has 19 employees.
Swift Solar was founded in 2017 in Golden, United States, within the renewable energy sector. Flexible perovskite solar cells are developed and supplied, employing hybrid organic-inorganic lead or tin halide-based materials for the light-harvesting layer. Operations focus on features like outdoor self-charging capabilities, performance in flexible formats, compatibility with building materials, and optimized power-to-weight ratios for various applications.
Swift Solar's top competitors include First Solar, Ambient Photonics and Alta Devices.
Swift Solar offers Perovskite Solar Panels, Commercial Solar Solutions, Utility-Scale Solar, and Residential Solar.
Swift Solar has 21 investors. Key investors include Eni Next, Leland Stanford Junior University, Good Growth Capital, Fontinalis Partners, and BlueScope X.
Swift Solar operates through Swift Solar Inc..