Solar Materials Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 31

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $23.3M

  • Investors
  • 11

Solar Materials General Information

Description

Provider of photovoltaic modules recycling services intended to improve the resource efficiency and carbon dioxide balance of solar modules. The company recovers not only glass and aluminum but also silicon and silver from discarded photovoltaic modules, enabling clients' services that are economical and at the same time an ecological system.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Industriestraße 7
  • 39126 Magdeburg
  • Germany
+49 0391
Primary Industry
Environmental Services (B2B)
Other Industries
Alternative Energy Equipment
Media and Information Services (B2B)
Corporate Office
  • Industriestraße 7
  • 39126 Magdeburg
  • Germany
+49 0391

Solar Materials Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Solar Materials Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC (Series B) 22-Apr-2026 $23.3M Completed Generating Revenue
8. Accelerator/Incubator 01-Jan-2025 Completed Generating Revenue
7. Accelerator/Incubator Completed Generating Revenue
6. Early Stage VC (Series A) 04-Jun-2024 Completed Generating Revenue
5. Grant 21-Jun-2023 Completed Generating Revenue
4. Early Stage VC 16-Feb-2023 Completed Generating Revenue
3. Seed Round 01-Oct-2021 Completed Generating Revenue
2. Accelerator/Incubator 30-Aug-2021 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Solar Materials’s complete valuation and funding history, request access »

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Solar Materials Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of photovoltaic modules recycling services intended to improve the resource efficiency and carbon dioxide balan
Environmental Services (B2B)
Magdeburg, Germany
31 As of 2026

Odessa, TX
 

Seyssins, France
 
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Solar Materials Competitors (4)

One of Solar Materials’s 4 competitors is Solarcycle, a Venture Capital-Backed company based in Odessa, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Solarcycle Venture Capital-Backed Odessa, TX
ROSI Venture Capital-Backed Seyssins, France
9-Tech Accelerator/Incubator Backed Venice, Italy
Reiling (Environmental Services) Corporation Harsewinkel, Germany
To view Solar Materials’s complete competitors history, request access »

Solar Materials Patents

Solar Materials Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4472068-A2 Test device for automated testing of an optoelectronic module Pending 01-Jun-2023
EP-4472068-A3 Test device for automated testing of an optoelectronic module Pending 01-Jun-2023
JP-2025539748-A Method and apparatus for processing solar cell modules Pending 23-Nov-2022
AU-2023386318-A1 Method and device for processing a solar module Pending 23-Nov-2022
DE-102022130988-A1 Method and device for processing a solar module Pending 23-Nov-2022 H10F71/136
To view Solar Materials’s complete patent history, request access »

Solar Materials Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Solar Materials Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Saint-Gobain NOVA Corporate Venture Capital Minority
Startup Elevator Accelerator/Incubator
European Innovation Council Accelerator/Incubator Minority
First Imagine! Ventures Venture Capital Minority
Katapult Group Accelerator/Incubator Minority
You’re viewing 5 of 11 investors. Get the full list »

Solar Materials Investments (1)

Solar Materials’s most recent deal was a Spin-Off with Better Sol. The deal was made on 01-Jul-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Better Sol 01-Jul-2022 Spin-Off Energy Production
To view Solar Materials’s complete investments history, request access »

Solar Materials FAQs

  • When was Solar Materials founded?

    Solar Materials was founded in 2021.

  • Where is Solar Materials headquartered?

    Solar Materials is headquartered in Magdeburg, Germany.

  • What is the size of Solar Materials?

    Solar Materials has 31 total employees.

  • What industry is Solar Materials in?

    Solar Materials’s primary industry is Environmental Services (B2B).

  • Is Solar Materials a private or public company?

    Solar Materials is a Private company.

  • What is Solar Materials’s current revenue?

    The current revenue for Solar Materials is .

  • How much funding has Solar Materials raised over time?

    Solar Materials has raised $39.3M.

  • Who are Solar Materials’s investors?

    Saint-Gobain NOVA, Startup Elevator, European Innovation Council, First Imagine! Ventures, and Katapult Group are 5 of 11 investors who have invested in Solar Materials.

  • Who are Solar Materials’s competitors?

    Solarcycle, ROSI, 9-Tech, and Reiling (Environmental Services) are competitors of Solar Materials.

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