What is Amonix?
Headquartered in Seal Beach, California, Amonix is the recognized leader in the design and manufacturing of concentrator photovoltaic (CPV) solar power systems. Unlike traditional solar technologies, the Amonix platform is engineered for maximum efficiency in sunny and dry climates, utilizing a water-free production process that optimizes land use and delivers superior energy output per acre. With the longest track record of real-world CPV deployments in the industry, the company provides a robust alternative to conventional solar arrays, addressing the critical need for high-density, sustainable power generation in regions where water scarcity and land availability are primary constraints.
How much funding has Amonix raised?
Amonix has raised a total of $170M across 3 funding rounds:
Unspecified
$15.6M
Series A
$25M
Series B
$129.4M
Unspecified (2007): $15.6M with participation from U.S. Department of Energy
Series A (2009): $25M led by MissionPoint Capital and Goldman Sachs Group
Series B (2010): $129.4M supported by Kleiner, Perkins, Caufield & Byers
Key Investors in Amonix
U.S. Department of Energy
A Cabinet-level federal agency responsible for formulating energy policy and driving innovation in renewable energy technologies to ensure national energy independence.
MissionPoint Capital
A leading international private investment firm focused on financing the global transition to a low-carbon economy through growth capital in industrial and energy infrastructure.
Kleiner, Perkins, Caufield & Byers
A prominent venture capital firm that invests in early and growth-stage technology and climate-focused companies, providing both capital and operational expertise.
What's next for Amonix?
With the infusion of $129.4M, Amonix is well-positioned to scale its manufacturing capabilities and expand its footprint in the global renewable energy market. The company's strategic roadmap focuses on leveraging its proven CPV technology to meet the rising demand for clean, reliable energy in utility-scale projects. By maintaining its focus on operational excellence and technological innovation, Amonix aims to further reduce the levelized cost of energy, ensuring that its solar systems remain the preferred choice for developers and governments seeking to optimize energy production in sun-drenched regions. Future growth will likely involve deepening partnerships with global energy stakeholders to integrate CPV solutions into broader grid-modernization efforts.
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