Lexington, MA-based 1366 Technologies, a developer of silicon wafer technology out to make solar energy cheaper, added $6 million to its Series B round of funding, bringing the financing’s total to $26 million, accorded to an amended SEC filing. In October the firm announced it had raised its second-round financing, thanks to investments from Korea-based Hanwha Chemical and the European cleantech investor Ventizz Capital Fund, who joined existing backers North Bridge Venture Partners and Polaris Venture Partners. The company could not be reached to discuss details surrounding the newest investment.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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