Sunfolding Overview
- Year Founded
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2012

- Status
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Private
- Employees
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14

- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$49.7M
- Investors
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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
Website
www.sunfolding.comCorporate Office
- 2401 Monarch Street
- Alameda, CA 94501
- United States
Corporate Office
- 2401 Monarch Street
- Alameda, CA 94501
- United States
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 |
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% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Sunfolding Comparisons
Industry
Financing
Details
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 |
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 |
Sunfolding Signals
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 |
Sunfolding FAQs
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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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