Sundrive Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 55

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $16.5M

  • Investors
  • 15

Sundrive General Information

Description

Manufacturer of material-abundant solar cells intended to replace the use of silver in the cell manufacturing process. The company's solar cells aim to reduce the cost of high-efficiency solar cells, whilst enhancing their performance and sustainability through the usage of abundant materials such as copper, enabling the energy industry to carry out sustainable technology production processes.

Contact Information

Website
www.sundrivesolar.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Centre 550
  • Sydney, New South Wales 2232
  • Australia
Primary Industry
Alternative Energy Equipment
Other Industries
Other Energy Services
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • Centre 550
  • Sydney, New South Wales 2232
  • Australia

Sundrive Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Sundrive Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Grant 11-Nov-2025 $16.5M Completed Generating Revenue
8. Grant 01-Nov-2023 Completed Generating Revenue
7. Later Stage VC (Series A) 09-Sep-2022 Completed Product Development
6. Grant 17-Dec-2021 Completed Product Development
5. Angel (individual) 17-Dec-2021 Completed Product Development
4. Grant 05-Oct-2020 Completed Product Development
3. Later Stage VC (Series A) 25-Aug-2020 Completed Product Development
2. Seed Round 10-Aug-2018 $1.18M $1.78M Completed Startup
1. Seed Round 28-Jul-2015 $600K $600K Completed Startup
To view Sundrive’s complete valuation and funding history, request access »

Sundrive Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A2 Preference
Series A
Seed 3,729,229 $0.3 $0.3 1x $0.3 10.76%
To view Sundrive’s complete cap table history, request access »

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Sundrive Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of material-abundant solar cells intended to replace the use of silver in the cell manufacturing process. T
Alternative Energy Equipment
Sydney, Australia
55 As of 2026

Glen Innes, Australia
 

New York, NY
 
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Sundrive Competitors (2)

One of Sundrive’s 2 competitors is Solar Analytics, a Formerly VC-backed company based in Glen Innes, Australia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Solar Analytics Formerly VC-backed Glen Innes, Australia
Luminace Holdings Private Equity-Backed New York, NY
You’re viewing 2 of 2 competitors. Get the full list »

Sundrive Patents

  • 24

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 13

    Pending

  • Expiring in next 12 mo

Sundrive Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2026902423-A0 Device for electrochemical processing Pending 20-Mar-2026
AU-2025900674-A0 Electrochemical control system and method Pending 06-Mar-2025
WO-2026183600-A1 Electrochemical control system and method Pending 06-Mar-2025
AU-2025900672-A0 Substrate holder Pending 06-Mar-2025
WO-2026183603-A2 Substrate holder Pending 06-Mar-2025 H10P72/0402
To view Sundrive’s complete patent history, request access »

Sundrive Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Sundrive Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
Clean Energy Finance Corporation Impact Investing Minority
Electrifi Ventures Angel Group Minority
Foggy Valley Aotearoa Impact Investing Minority
Angel (individual) Minority
Main Sequence Ventures Venture Capital Minority
You’re viewing 5 of 15 investors. Get the full list »

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Sundrive FAQs

  • When was Sundrive founded?

    Sundrive was founded in 2014.

  • Where is Sundrive headquartered?

    Sundrive is headquartered in Sydney, Australia.

  • What is the size of Sundrive?

    Sundrive has 55 total employees.

  • What industry is Sundrive in?

    Sundrive’s primary industry is Alternative Energy Equipment.

  • Is Sundrive a private or public company?

    Sundrive is a Private company.

  • What is Sundrive’s current revenue?

    The current revenue for Sundrive is .

  • How much funding has Sundrive raised over time?

    Sundrive has raised $25.2M.

  • Who are Sundrive’s investors?

    Clean Energy Finance Corporation, Electrifi Ventures, Foggy Valley Aotearoa, , and Main Sequence Ventures are 5 of 15 investors who have invested in Sundrive.

  • Who are Sundrive’s competitors?

    Solar Analytics and Luminace Holdings are competitors of Sundrive.

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