Sunfolding Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 14

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $49.7M

  • Investors
  • 14

Sunfolding General Information

Description

Developer of a solar tracking technology designed to track and monitor solar power. The company's technology tracks photovoltaic systems using a mass-manufactured modular drive as well as utilizes pneumatic actuator technology to boost system reliability and reduce maintenance-prone points, enabling farm operators to track and maximize their productions.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2401 Monarch Street
  • Alameda, CA 94501
  • United States
+1 (866)
Primary Industry
Alternative Energy Equipment
Vertical(s)
Corporate Office
  • 2401 Monarch Street
  • Alameda, CA 94501
  • United States
+1 (866)

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Sunfolding Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Later Stage VC 16-Dec-2022 $49.7M Completed Generating Revenue
13. Later Stage VC (Series B) 30-Nov-2020 Completed Generating Revenue
12. Debt - PPP 09-Apr-2020 Completed Generating Revenue
11. Later Stage VC (Series B) 28-Oct-2019 Completed Generating Revenue
10. Grant 31-Dec-2018 Completed Generating Revenue
9. Later Stage VC 23-Apr-2018 Completed Generating Revenue
8. Accelerator/Incubator 22-Aug-2017 Completed Startup
7. Seed Round 18-May-2017 Completed Startup
6. Seed Round 07-Apr-2017 $2.5M $3.38M Completed Startup
5. Grant 01-Jan-2016 $2M $875K Completed Startup
To view Sunfolding’s complete valuation and funding history, request access »

Sunfolding Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A-2
Series A-1
Seed 2 413,412 $0.000100 $6.84 $6.84 1x $6.84 3.14%
Seed 1 214,648 $0.000100 $1.75 $1.75 1x $1.75 1.63%
To view Sunfolding’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Sunfolding Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a solar tracking technology designed to track and monitor solar power. The company's technology tracks phot
Alternative Energy Equipment
Alameda, CA
14 As of 2024

Santa Clara, CA
 

Thornton, CO
 
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Sunfolding Competitors (7)

One of Sunfolding’s 7 competitors is MiaSole, a Formerly VC-backed company based in Santa Clara, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
MiaSole Formerly VC-backed Santa Clara, CA
Ascent Solar Technologies Corporation Thornton, CO
Canadian Solar Pending Transaction (Debt) Guelph, Canada
Suniva Private Equity-Backed Norcross, GA
FTC Solar Corporate Backed or Acquired Austin, TX
You’re viewing 5 of 7 competitors. Get the full list »

Sunfolding Patents

Sunfolding Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230327604-A1 Solar module leading edge system and method Pending 12-Apr-2022
US-20230139980-A1 Inflatable bladder system and method Inactive 02-Nov-2021
US-20210399679-A1 Locking, dampening and actuation systems and methods for solar trackers Active 22-Jun-2020
EP-4169157-A1 Locking, dampening and actuation systems and methods for solar trackers Inactive 22-Jun-2020
US-20230299711-A1 Dampening systems and methods for solar trackers Pending 22-Jun-2020 H02S20/32
To view Sunfolding’s complete patent history, request access »

Sunfolding Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Sunfolding Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
L Marks Accelerator/Incubator Minority
R/GA Ventures Accelerator/Incubator Minority
City Light Capital Venture Capital Minority
G2 Venture Partners Venture Capital Minority
Macquarie Group Asset Manager Minority
You’re viewing 5 of 14 investors. Get the full list »

Sunfolding FAQs

  • When was Sunfolding founded?

    Sunfolding was founded in 2012.

  • Where is Sunfolding headquartered?

    Sunfolding is headquartered in Alameda, CA.

  • What is the size of Sunfolding?

    Sunfolding has 14 total employees.

  • What industry is Sunfolding in?

    Sunfolding’s primary industry is Alternative Energy Equipment.

  • Is Sunfolding a private or public company?

    Sunfolding is a Private company.

  • What is Sunfolding’s current revenue?

    The current revenue for Sunfolding is .

  • How much funding has Sunfolding raised over time?

    Sunfolding has raised $106M.

  • Who are Sunfolding’s investors?

    L Marks, R/GA Ventures, City Light Capital, G2 Venture Partners, and Macquarie Group are 5 of 14 investors who have invested in Sunfolding.

  • Who are Sunfolding’s competitors?

    MiaSole, Ascent Solar Technologies, Canadian Solar, Suniva, and FTC Solar are some of the 7 competitors of Sunfolding.

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