Abound Solar Garners $110,000,000 New Financing Round

  • Feed Type
  • Date
    12/15/2010
  • Company Name
    Abound Solar
  • Mailing Address
    2695 Rocky Mountain Avenue Loveland, CO 80538
  • Company Description
    From our corporate and manufacturing headquarters in Colorado, Abound Solar (formerly known as AVA Solar) is producing the next generation of thin-film cadmium telluride solar modules ideally suited for large- and utility-scale commercial installations.
  • Website
    http://www.abound.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $110,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The debt and equity financings will enable Abound Solar to expand manufacturing capacity at both its existing facility in Colorado and later at a second site in Indiana, which when completed will create 1,200 new manufacturing jobs.
  • M&A Terms
  • Venture Investor
    Invus
  • Venture Investor
    DCM
  • Venture Investor
    Technology Partners
  • Venture Investor
    Undisclosed