What is Suniva?
Headquartered in metro-Atlanta, Suniva operates as a leading manufacturer of high-power solar modules and advanced PV products. By maintaining manufacturing facilities in Georgia and Michigan, the company distinguishes itself through a U.S.-born, U.S.-operated model that prioritizes high power density and reliable performance. Suniva serves a global market, positioning itself as a key player in the transition toward sustainable energy infrastructure through technological innovation and rigorous quality standards.
How much funding has Suniva raised?
Suniva has raised a total of $231.4M across 6 funding rounds:
Series A
$5.6M
Series B
$50M
Series C
$75M
Series D
$94.3M
Other Financing Round
$2M
Grant
$4.5M
Series A (2007): $5.6M with participation from New Enterprise Associates
Series B (2008): $50M led by Advanced Equities, HIG Ventures, Quercus Investments, Goldman Sachs Group, and New Enterprise Associates
Series C (2009): $75M supported by Advanced Equities, Warburg Pincus, HIG Capital, and Apex Venture Partners
Series D (2011): $94.4M featuring Advanced Equities, New Enterprise Associates, Warburg Pincus, and H.I.G. Capital
Other Financing Round (2013): $2M backed by Trinity Capital Investment
Grant (2013): $4.5M with participation from The United States Department of Energy
Key Investors in Suniva
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.
Advanced Equities
Advanced Equities specializes in late-stage private equity finance for the U.S. technology sector, bridging the gap between venture capital and traditional corporate finance.
Warburg Pincus
Warburg Pincus is a leading global private equity firm renowned for its expertise in growth investing and supporting management teams in building long-term, sustainable success.
What's next for Suniva?
With a history of major strategic investment, Suniva is well-positioned to leverage its manufacturing expertise to meet the evolving demands of the global solar market. The company's focus remains on optimizing its crystalline silicon technology to drive down costs while increasing efficiency. Future growth will likely center on scaling production capacity and navigating the complex regulatory environment of the energy sector, supported by the foundational capital secured from its long-term institutional partners.
See full Suniva company page
