United States · Semiconductors startup

Swift Solar

Swift Solar is a U.S.-based solar technology company founded in 2017, emerging from collaborations with MIT, Stanford University, and the National Renewable Energy Laboratory.

Funding reportedLast round: Series A

SemiconductorsSan Carlos, United States

About Swift Solar

Swift Solar is a U.S.-based solar technology company founded in 2017, emerging from collaborations with MIT, Stanford University, and the National Renewable Energy Laboratory.

Headquartered in San Carlos, California, the company specializes in developing and manufacturing advanced perovskite tandem solar cells. These innovative solar solutions are designed to be ultra-efficient, lightweight, flexible, and cost-effective, aiming to enhance the accessibility of solar power and support domestic manufacturing. The company focuses on various services, including research and development, product design, and manufacturing scale-up. Swift Solar's flagship products utilize a dual-layer perovskite technology that optimizes solar energy absorption, resulting in higher efficiency compared to traditional silicon cells. Their applications range from space exploration and large-scale energy projects to portable electronics and building-integrated photovoltaics. With a commitment to advancing clean energy, Swift Solar is positioned to play a significant role in the future of renewable energy.

What company datasets say Swift Solar raised

Funding, as reported

Reported in all$48Min dollars
Last roundSeries A
Last round size$27M
Last round dateJun 2024
Investors listed5
SEC Form D$49M sold, 7 filings, last Dec 2023

Founders and team

From Swift Solar's own website and the SEC filings it signed: 4 founders, 7 on the team.

Joel JeanCEO / Co-founderNamed on its 2023 Form D
Giles EperonChief Scientific Officer / Co-founder
Max HoerantnerChief Engineer / Co-founder
Tomas LeijtensCTO / Co-founderNamed on its 2023 Form D
  • Patrick MillhamChief of Staff
  • Bettina AristorenasHead of People Operations
  • Geoffrey DunicanVP Commercial Strategy & Partnerships
  • Michael RivkinVP Hardware Engineering
  • Nasim SahraeiHead of Strategic Programs
  • Rohit PrasannaHead of Materials R&D
  • Sebastian NeelamkavilVP Finance

On the board, as filediAmrit JalanJames Fickel

AdvisersAnne HoskinsAtiye BaymanChris NorrisDenis De CeusterDoug DanielsJenya MeydbrayKevin BushMike McGeheeSam StranksVladimir Bulović

On 4 portfolio pages

Investors who name them

Each firm lists Swift Solar on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hardwareclean energy & technologysemiconductor manufacturingmanufacturingsolar manufacturing automationsolar cellssemiconductor and other electronic component manufacturingenvironmental servicessolar r&dmaterials researchsemiconductorssolar stabilitythinfilm depositionmechanical or industrial engineeringsolar efficiencyenergy efficiency

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Sector
Semiconductors
Industry code
NAICS 334413, 541715, SIC 3671, 3674, 8731
Region
California
Revenue
$8.0M a year, as listed

Semiconductors in United States

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