Ubiquitous Energy, a Redwood City, CA-based transparent solar technology company, raised $30M in Series B funding.
The round was led by Andersen Corporation, ENEOS, Safar Partners, Hostplus, Red Cedar Ventures, and Riverhorse Investments.
The company intends to use the funds for continued research and development, manufacturing and product deployment to bring its UE Power™ technology to the window industry.
Led by Susan Stone, CEO, Ubiquitous Energy is a leader in transparent solar technology — the conversion of light into electricity using semiconducting materials all while maintaining visible transparency. The company’s technology is a patented and transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows.
The company has begun the site selection process for its first high volume manufacturing line that will be located in the U.S., which will enable it to bring its UE Power™ technology to the window industry.