Solyndra Secures $75,000,000 New Funding Round

  • Feed Type
  • Date
    2/28/2011
  • Company Name
    Solyndra
  • Mailing Address
    47700 Kato Road Fremont, CA 94538
  • Company Description
    The company is developing high efficiency photovoltaics for the generation of solar power.
  • Website
    http://www.solyndra.com
  • Transaction Type
    Debt
  • Transaction Amount
    $75,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The proceeds from the financing will be used to support Solyndra’s working capital requirements, accelerate the Company’s ongoing cost reduction activities and execute its expanded channel and segment sales and marketing strategy.
  • M&A Terms
  • Venture Investor
    Undisclosed