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.
| 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 |
