Apex Venture Partners announced today that it has expanded its growing portfolio to include California-based SolFocus, Inc., where it led the company’s C Round of funding. SolFocus announced the closing of its $77.6 million C Round earlier today. Apex’s decision to lead the investment in SolFocus represents a deliberate expansion of its portfolio base into [...]
Read Full Post | Make a Comment ( Comments Off so far )SolFocus, the leading developer of Concentrator Photovoltaic (CPV) systems, today announced that it has raised $47.5 million in the first close of its Series C financing and appointed Mark Crowley chief executive officer. SolFocus will use the new funding to accelerate expansion of its manufacturing operations and extend its early base of commercial CPV [...]
Read Full Post | Make a Comment ( Comments Off so far )SolFocus today announced an agreement with Concept, a division of the Samaras Group, to jointly develop the first commercial installation of Concentrator Photovoltaic (CPV) solar technology in the country of Greece. As part of the deployment, SolFocus will expand its Madrid-based European operations to open a subsidiary in Greece. Spanning multiple sites, the deployment [...]
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