What is MiaSolé?
MiaSolé specializes in the engineering and production of advanced thin-film solar cells and modules. Its flagship FLEX-03W solar module represents a significant technological leap, offering up to 530 Watts of power in a lightweight, flexible form factor. This design eliminates the need for heavy structural support, making it an ideal solution for aesthetic metal roofing, recreational vehicles, and off-grid infrastructure. Beyond module production, the company provides turnkey manufacturing equipment and R&D support, enabling clients to integrate high-efficiency solar production into their own operations. This dual-model approach positions MiaSolé as both a product manufacturer and a technology licensor within the global renewable energy ecosystem.
How much funding has MiaSolé raised?
MiaSolé has raised a total of $266.4M across 7 funding rounds:
Series A
$5.4M
Series B
$16M
Series C
$35M
Series D
$50M
Other Financing Round
$100M
Unspecified
$55M
Debt
$5M
Series A (2004): $5.4M with participation from Garage Capital and Nippon Kouatsu Electric Co
Series B (2005): $16M led by Kleiner Perkins
Series C (2006): $35M, investors not publicly disclosed
Series D (2007): $50M featuring Garage Capital, Nippon Kouatsu Electric Co, and Firelake Capital Management
Other Financing Round (2011): $100M backed by Birchmere Ventures
Unspecified (2012): $55M with participation from VantagePoint Capital Partners, Passport Capital, and Firelake Capital Management
Debt (2020): $5M led by PPP
Key Investors in MiaSolé
VantagePoint Capital Partners
A global venture investor established in 1996, focusing on energy innovation and efficiency with over $4 billion under management.
Passport Capital
An employee-owned hedge fund sponsor that utilizes fundamental research and macroeconomic analysis to invest in energy, technology, and alternative markets.
Firelake Capital Management
A Palo Alto-based firm that invests in energy technology, communications, and materials companies, specifically targeting proprietary technology with large market potential.
What's next for MiaSolé?
With the support of its latest $5M, MiaSolé is well-positioned to accelerate its strategic initiatives in the solar energy market. The company is expected to focus on scaling its manufacturing capacity to meet the rising demand for building-integrated photovoltaics (BIPV) and lightweight solar solutions. By continuing to optimize its thin-film technology, MiaSolé aims to lower the barrier to entry for solar adoption in commercial and industrial sectors. Future growth will likely involve deepening partnerships with global energy firms and expanding its turnkey manufacturing services to support the global transition toward sustainable, decentralized power generation.
See full MiaSolé company page
