What is Amonix?
Headquartered in Seal Beach, California, Amonix is recognized as a leader in the design and manufacturing of concentrator photovoltaic (CPV) solar power systems. Unlike traditional solar technologies, Amonix systems are engineered to operate without water, offering a distinct advantage in water-scarce regions. By maximizing energy production per acre, the company provides a highly efficient alternative for utility-scale solar deployments. With the longest track record of real-world CPV installations, Amonix has established itself as a reliable provider for sunny and dry climates, effectively bridging the gap between advanced materials science and practical, large-scale energy infrastructure.
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
Kleiner, Perkins, Caufield & Byers
A Menlo Park-based venture capital firm that invests in early and growth-stage technology and life science companies, providing capital and operational support from seed through IPO.
MissionPoint Capital
An international private investment firm focused on financing the global transition to a low-carbon economy by providing growth capital to energy and industrial infrastructure companies.
Goldman Sachs Group
A leading global investment banking and management firm providing a wide range of financial services, including strategic advisory, underwriting, and capital market financing.
What's next for Amonix?
With the successful closure of its latest financing round, Amonix is well-positioned to accelerate its operational scaling and market penetration. The company's strategic focus remains on optimizing its CPV technology to further reduce the levelized cost of energy (LCOE) for its utility partners. As the global demand for sustainable and efficient energy generation continues to rise, Amonix is expected to leverage its proven deployment history to secure larger project pipelines. Future growth will likely center on enhancing manufacturing throughput and exploring new geographic markets where high solar irradiance and water conservation are critical operational requirements.
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