What is Semprius?
Semprius, Inc. is at the forefront of solar technology, holding the record for commercial solar module efficiency at 35.5%. The company leverages the world's smallest commercial solar cells and state-of-the-art manufacturing processes to deliver cost-competitive, sustainable solar electricity. Recognized on MIT Technology Review's 2013 50 Disruptive Companies List, Semprius is positioned to redefine the solar energy landscape through its innovative approach and commitment to efficiency.
How much funding has Semprius raised?
Semprius has raised a total of $77M across 18 funding rounds:
Private Equity
$8.2M
Series B
$6.4M
Unspecified
$1.5M
Debt
$2.7M
Private Equity
$31.1M
Series C
$3M
Unspecified
$7.5M
Debt
$2.1M
Debt
$250K
Multiple Rounds
$4.6M
Multiple Rounds
$5M
Private Equity (2009): $8.2M, investors not publicly disclosed
Series B (2009): $6.4M supported by GVC Venture Fund, ARCH Venture Partners, Illinois Ventures, and Intersouth Partners
Unspecified (2010): $1.5M featuring X-FAB Semiconductor Foundries
Debt (2010): $2.7M backed by ARCH Venture Partners, Illinois Ventures, and Intersouth Partners
Private Equity (2011): $31.1M with participation from Intersouth Partners, ARCH Venture Partners, and Illinois Ventures
Series C (2012): $3M led by Morgan Creek Capital Management and Illinois Emerging Technologies
Unspecified (2012): $7.5M supported by ARCH Venture Partners and Intersouth Partners
Debt (2013): $2.1M featuring ARCH Venture Partners, Illinois Ventures, and Intersouth Partners
Debt (2013): $250K backed by Intersouth Partners, ARCH Venture Partners, and Illinois Ventures
Debt (2014): $553K with participation from ARCH Venture Partners and Intersouth Partners
Debt (2014): $1.1M led by IllinoisVENTURES, ARCH Venture Partners, and Intersouth Partners
Debt (2014): $1.2M supported by ARCH Venture Partners
Debt (2014): $1.7M, investors not publicly disclosed
Debt (2015): $642K, investors not publicly disclosed
Debt (2015): $501K, investors not publicly disclosed
Grant (2015): $2.9M led by Advanced Research Projects Agency-Energy
Debt (2015): $995K, investors not publicly disclosed
Key Investors in Semprius
GVC Venture Fund
GVC Venture Fund is a venture capital firm based in Tokyo, Japan, that manages equity and debt funds, with a focus on investing in software companies.
ARCH Venture Partners
ARCH Venture Partners is a leading early-stage venture capital firm that creates and invests in life sciences and advanced technology companies, often cofounding startups with scientists and entrepreneurs to commercialize innovations from universities, corporate R&D groups, and national laboratories.
Intersouth Partners
Founded in 1985 and Headquartered in Durham, North Carolina, Intersouth Partners is one of the most active and experienced early-stage venture funds in the country, having invested in more than 100 private companies over the last two decades, focusing on technology and life sciences.
What's next for Semprius?
With a history of substantial capital raises, including major strategic investments and enterprise-level funding rounds, Semprius appears to be in a scaling phase, likely Series B or beyond. The company's focus on disruptive solar technology suggests a strategic direction towards expanding manufacturing capabilities and market reach. Future endeavors will likely involve further technological advancements to maintain its competitive edge and capitalize on the growing demand for renewable energy solutions. Continued investment in R&D and strategic partnerships will be crucial for solidifying its position as a key player in the global solar market.
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