Who invested in Morgan Solar?
Morgan Solar's investors include Enbridge, Iberdrola, Arctern Ventures, Turnstone Capital Management and Kuwaiti Investment Authority, and 1 more on record. Arctern Ventures led its latest round.

Canada · Series B startup
Funding summaryUpdated 26 Oct 2026
$48Mraised across 5 rounds since 2009, from 5 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Reported by BetaKit: funding
No investor was named in the report.
Reported by venturebeat.comSEC filing: $5.5M sold, first sale May 2011
Reported by finsmes.comSEC filing: $200K sold, first sale Dec 2009
No investor was named in the report.
From a historical funding recordSEC filing: $1.2M sold, first sale Sept 2009
From Morgan Solar's own website: 6 on the team.
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Morgan Solar's investors include Enbridge, Iberdrola, Arctern Ventures, Turnstone Capital Management and Kuwaiti Investment Authority, and 1 more on record. Arctern Ventures led its latest round.
Morgan Solar has raised $48M across 5 rounds since 2009.
Morgan Solar's most recent round, $10M, was in Jul 2016, led by Arctern Ventures.
Morgan Solar's largest round on record is $19M (Series B), in May 2011.
Morgan Solar's first round on record, in Jan 2010, was backed by Iberdrola, Turnstone Capital Management and Nypro.
Morgan Solar's latest named round is a Series B, in Nov 2011.
Morgan Solar is based in Canada.
Arctern Ventures led the funding round in 2016.
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