Solar Junction Closes $19.2M Series D Funding

Solar Junction, a San Jose, Calif.-based developer of high efficiency multi-junction cells for the concentrated photovoltaic (CPV) market, has closed its $19.2m Series D funding round.

Backers include New Enterprise Associates, Advanced Technology Ventures, Draper Fisher Jurvetson and IQE.

The company intends to use the funding to scale up manufacturing of its cells.

Founded in 2007 by CEO Jim Weldon, Solar Junction produces high efficiency III-V multi-junction solar cells based on ASLAM(TM) materials.



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