Stion Corporation Lands $50,000,000 New Round

  • Feed Type
  • Date
    6/16/2010
  • Company Name
    Stion Corporation
  • Mailing Address
    6321 San Ignacio Avenue San Jose, CA 95119
  • Company Description
    Stion Corporation (formerly NStructures) is a solar photovoltaics company developing high-efficiency thin-film modules. The Company is aiming to minimize the total installed system costs of solar electricity.
  • Website
    http://www.stion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Stion, which makes thin-film solar modules, will license and transfer its technology to TSMC, which in turn will provide modules to Stion. Under the deal, the companies will also develop technology together.
  • M&A Terms
  • Venture Investor
    Taiwan Semiconductor Manufacturing Co.