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Swift Solar Inc.

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Year established

2017

Location

San Carlos CA US

Primary Industry

Renewable Energy

About

Based in California, US, and founded in 2017 by CEO Joel Jean, CTO Tomas Leijtens, Samuel Stranks, Maximilian Hoerantner, Giles Eperon, and Kevin Bush, Swift Solar Inc., a.k.a. Swift Solar operates as a developer of solar panel products centered around perovskite photovoltaic technology. In December 2023, Swift Solar Inc. raised USD 24.62 million in a Series A funding co-led by Eni Next and Fontinalis Partners, with participation from Stanford University, BlueScopeX, HL Ventures, Toba Capital, Good Growth Capital, and Climate Capital. The series A funding values Swift Solar Inc. at USD 88.06 million post-money. Swift Solar provides advanced perovskite tandem photovoltaic technology, combining metal halide perovskites with silicon or other perovskites to create high-efficiency solar cells. Swift Solar uses AI and machine learning to accelerate research and development, optimize manufacturing, and streamline operations. The company plans to use its proceeds from December 2024 funding to build their first facility as they accelerate its technological progress.
Current Investors
Safar Partners, Good Growth Capital, Climate Capital

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Primary Industry
Renewable Energy
Sub Industries
Solar Power
Website
www.swiftsolar.com
Verticals
Artificial Intelligence, Big Data, Clean Technology, Manufacturing
Company Stage
Series A
Total Amount Raised
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