Monday, October 22, 2007

HelioVolt Closes Second Traunche, Brings Series B Funding Total to $101M

Austin, Texas – HelioVolt Corporation, a producer of highly-efficient thin film solar products, today announced the final closing of its Series B funding round for a total of $101 million, with investments from Sequel Venture Partners, Noventi Ventures, and Passport Capital. The additional funding will be used to accelerate scale-up and global deployment of HelioVolt’s proprietary manufacturing process for Copper Indium Gallium Selenide (CIGS) building-integrated solar products. Link.