Solantro Semiconductor Completes $10m Series A Financing

Published On May 23, 2012 |

Solantro Semiconductor Corp., an Ottawa, ON, Canada-based developer of chipsets and Reference Designs for module integrated electronics within distributed Solar PV solutions. , has completed a $10m Series A financing.

The round was led by Black Coral Capital, with participation from Presidio Ventures (a Sumitomo Corporation company), Business Development Bank of Canada (BDC) and Export Development Canada (EDC).

Founded in 2009 and led by Founder and CEO Antoine Paquin, Solantro designs, manufactures and markets semiconductor chipsets and Reference Designs for use within distributed Solar PV power conversion equipment.

The company has established product development partnerships with select, global PV module and Balance of System (BOS) manufacturers to drive the availability of intelligent power conversion (dc-optimizer, nano-inverter and micro-inverter) solutions in a highly-integrated, scalable form-factor to cost-effectively address traditional c-Si, BIPV and Thin-Film module integrated electronics in power ratings ranging from 50W to +300W.

FinSMEs

23/05/2012

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