Solar Materials Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
31
- Latest Deal Type
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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
Website
www.solar-materials.comCorporate Office
- Industriestraße 7
- 39126 Magdeburg
- Germany
Corporate Office
- Industriestraße 7
- 39126 Magdeburg
- Germany
Solar Materials Timeline
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 |
VC Exit Predictor
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Solar Materials Comparisons
Industry
Financing
Details
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 |
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 |
Solar Materials Signals
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 |
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 |
Solar Materials FAQs
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When was Solar Materials founded?
Solar Materials was founded in 2021.
-
Where is Solar Materials headquartered?
Solar Materials is headquartered in Magdeburg, Germany.
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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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