Flexible Electronics News

Semprius Secures $20 Million in Funding for Production of Advanced Solar Modules

Funding to expedite construction of a pilot plant to produce high-efficiency, low-cost, high concentration photovoltaic solar modules

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Semprius, Inc., a leading innovator in high concentration photovoltaic (HCPV) solar modules, recently secured $20 million in its first tranche of Series C venture fundraising. Siemens Venture Capital led the investment round and was joined by Arch Venture Partners, Applied Ventures, Illinois Ventures, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius will use the funding to construct a pilot HCPV module production plant, which will allow the company to scale up and optimize its process ...

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