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Based in metro-Atlanta, privately-held Suniva Inc. manufactures and distributes high-efficiency monocrystalline silicon solar cells and high powered solar modules, which consist of Suniva's core cell technology and exports internationally to Europe and Asia. From its founding in 2006, Suniva technologies aim to reduce the levelized cost of electricity (LCOE) generated by solar photovoltaics (PV) over time to truly commercialize solar-generated power. As of 2011, with over 18.2% efficiency in full scale production, Suniva is producing the world's lowest cost, highest cell conversion efficiency commercially available. Founded by Georgia Tech professor Ajeet Rohatgi, Suniva is headquartered in Atlanta, Georgia.
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2006 |
| Formerly Named: | Solarity, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Norcross |
| State/Province: | Georgia |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.suniva.com |
| Brands: | ARTisun |
| Founders: | Ajeet Rohatgi |
| Clean Energy Technology > Solar Energy > Cells & Modules |
| Clean Energy Technology > Solar Energy > Solar Systems |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
| Nanosolar |
| Soliant Energy |
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| * | Suniva Inc. fiscal year end: 12/31 |
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$99 Single Company AccessInstant Full Site-Wide AccessSuniva Inc. Revenues ($ MM): |
Suniva Inc. Total Employees: |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Investor | Round | Investor Type | |
| Sep. 2007 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Feb. 2008 | View | B | Venture Capital | |
| Feb. 2008 | View | B | Venture Capital | |
| Feb. 2008 | View | B | Corporate | |
| Feb. 2008 | View | B | Venture Capital | |
| Feb. 2008 | View | B | Private Equity & Venture Capital | |
| Details | Total Round B View | |||
| Apr. 2009 | View | C-1 | Private Equity | |
| Details | Total Round C-1 View | |||
| Jul. 2009 | View | C-2 | Venture Capital | |
| Jul. 2009 | View | C-2 | Venture Capital | |
| Jul. 2009 | View | C-2 | Private Equity | |
| Jul. 2009 | View | C-2 | Venture Capital | |
| Jul. 2009 | View | C-2 | Private Equity | |
| Details | Total Round C-2 View | |||
| Mar. 2011 | View | Funding | Private Equity | |
| Mar. 2011 | View | Funding | Venture Capital | |
| Details | Total Round Funding View | |||
| Total of Funding Shown Above View | ||||
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Jul. 2009 | View | View | View | View | View | View |
$99 Single Company AccessInstant Full Site-Wide AccessFrom Georgia Tech to Suniva
Founded by photovoltaic (PV) professor Ajeet Rohatgi in 2006, Suniva is a graduate of Georgia Tech's Commercialization Services, a VC-esque organization that helps grow innovations into startups. In this case, Rohatgi won a patent in 2005 for a cheaper alternative in the production of solar panels. Along with executive John Baumstark?former CEO of Tradex Technologies?and $5.5M from New Enterprise Association, Dr. Rohatgi started his company off the ground and began producing the solar cells he had been pursuing for the last twenty years. "Suniva" was a supposed to be temporary name for the organization, but it stuck.
ARTisun and the 20%+ benchmark
Like many industries involving silicon, the photovoltaic industry is complex. There are six stages in its value chain to get to the actual solar panel. First silicon, the second most abundant substance on Earth, is refined and purified to create a new substance. This material, called polysilicon, is then… Continue Reading →
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