May Marks Best Month of the Year for Solar Startups, So Far
June 04, 2012
In total, 35 venture capital investors have invested in companies in the Solar industry since the beginning of the year, according to the PitchBook Platform. May was by and large the best month for financings in the industry in 2012 to date, with a total of $136.4 million raised. Solar Mosaic and Geostellar's recent rounds were the icing on the cake for solar funding in the month of May. Before these two financings (both featured in today's newsletter), the total venture capital raised by solar-related companies last month was already well ahead of January, February, March and April by over $85 million.