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VC-funded Company:

1366 Technologies
6-8 Preston Court
Bedford, MA 01730
Phone: 781-861-1611

1366 Technologies aims to deliver solar at the cost of coal. The company combines breakthrough technology innovations with lean manufacturing processes to make a new class of silicon wafers, the basic building blocks of solar cells, at a fraction of today's cost. Developed by a veteran team of scientists, engineers and entrepreneurs, including photovoltaic industry expert and former MIT professor Dr. Emanuel Sachs, the company's novel approach breaks the historic efficiency and cost tradeoff of photovoltaics.

Key Contact
Name
Frank van Mierlo
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
10/15/13 $15,000,000 Series C North Bridge Venture Partners
Polaris Partners
Tokuyama Corporation
VantagePoint Capital Partners
undisclosed
04/09/15 $5,000,000 Series C Extension Haiyin Capital
undisclosed
05/05/16 $10,000,000 Series C Hanwha Investment Corporation
undisclosed
12/17/19 $18,000,000 Series E Breakthrough Energy Ventures
undisclosed