1366 Technologies Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
-
55
- Latest Deal Type
-
M&A
1366 Technologies General Information
Description
Manufacturer of silicon wafers intended for solar cell modules. The company's technology makes silicon wafers directly from molten silicon with lower production cost, reduced energy requirement and better uniformity, thereby enabling businesses to create solar cells with a better price to performance ratio.
Contact Information
Website
www.1366tech.comCorporate Office
- 6-8 Preston Court
- Bedford, MA 01730
- United States
Corporate Office
- 6-8 Preston Court
- Bedford, MA 01730
- United States
1366 Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Merger/Acquisition | 28-Jun-2021 | Completed | Generating Revenue | |||
| 12. Debt - PPP | 16-Jun-2020 | Completed | Generating Revenue | |||
| 11. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 10. Later Stage VC (Series E) | 17-Dec-2019 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 26-Oct-2017 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 28-Jun-2016 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 24-Mar-2015 | Completed | Generating Revenue | |||
| 6. Debt - General | 23-May-2013 | Completed | Startup | |||
| 5. Debt - General | 07-Sep-2011 | $150M | $196M | Completed | Startup | |
| 4. Grant | 07-Feb-2011 | $3M | $46M | Completed | Startup |
1366 Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | 47,400,000 | $0.000100 | $0.5 | $0.5 | 1x | $0.5 | 15.28% | |
| Series A | 70,200,000 | $0.000100 | $0.25 | $0.25 | 1x | $0.25 | 22.63% |
1366 Technologies Comparisons
Industry
Financing
Details
1366 Technologies Competitors (4)
One of 1366 Technologies’s 4 competitors is NexWafe, a Venture Capital-Backed company based in Freiburg im Breisgau, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| NexWafe | Venture Capital-Backed | Freiburg im Breisgau, Germany | ||||
| JA Solar Technology | Corporate Backed or Acquired | Xingtai, China | ||||
| CETC Solar Energy | Corporation | Changsha, China | ||||
| SolarEdge Technologies | Formerly VC-backed | Herzliya, Israel |
1366 Technologies Patents
1366 Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2021188452-A1 | High temperature acid etch for silicon | Inactive | 16-Mar-2020 | ||
| WO-2019083956-A1 | Semi-conductor wafers longer than industry standard square | Inactive | 24-Oct-2017 | ||
| JP-6850004-B2 | How to maintain the volume of molten material in which the material is consumed and replenished | Inactive | 29-Apr-2015 | ||
| WO-2016176418-A1 | Method for maintaining contained volume of molten material from which material is depleted and replenished | Inactive | 29-Apr-2015 | ||
| JP-2018514496-A | Method for maintaining the volume of molten material that is consumed and replenished | Active | 29-Apr-2015 | C30B35/007 |
1366 Technologies Signals
1366 Technologies Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Breakthrough Energy | Impact Investing | Minority | ||
| Energy Technology Ventures | Venture Capital | Minority | ||
| First Solar | Corporation | Minority | ||
| GE Energy Financial Services | PE/Buyout | Minority |
1366 Technologies FAQs
-
When was 1366 Technologies founded?
1366 Technologies was founded in 2007.
-
Where is 1366 Technologies headquartered?
1366 Technologies is headquartered in Bedford, MA.
-
What is the size of 1366 Technologies?
1366 Technologies has 55 total employees.
-
What industry is 1366 Technologies in?
1366 Technologies’s primary industry is Application Specific Semiconductors.
-
Is 1366 Technologies a private or public company?
1366 Technologies is a Private company.
-
What is 1366 Technologies’s current revenue?
The current revenue for 1366 Technologies is .
-
How much funding has 1366 Technologies raised over time?
1366 Technologies has raised $293M.
-
Who are 1366 Technologies’s investors?
, Breakthrough Energy, Energy Technology Ventures, First Solar, and GE Energy Financial Services are 5 of 19 investors who have invested in 1366 Technologies.
-
Who are 1366 Technologies’s competitors?
NexWafe, JA Solar Technology, CETC Solar Energy, and SolarEdge Technologies are competitors of 1366 Technologies.
-
When was 1366 Technologies acquired?
1366 Technologies was acquired on 28-Jun-2021.
-
Who acquired 1366 Technologies?
1366 Technologies was acquired by CubicPV.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process