Tech Company Financing Transactions
Solestial Funding Round
Airbus Ventures, CrossCut Ventures and GPVC participated in a $17 million Series A capital raise for Solestial. The financing round was announced on 5/15/2025.
Transaction Overview
Company Name
Announced On
5/15/2025
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to sue the funds to expand its manufacturing capacity of silicon photovoltaics to 1 megawatt per year, a rate comparable to the estimated annual manufacturing capacity of all US and EU III-V space solar companies combined.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
7700 S River Pkwy.
Tempe, AZ 85284
USA
Tempe, AZ 85284
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Solestial is on a mission to deliver cost-effective, reliable and safe solutions to power the new space economy. We deliver cost-effective, reliable and safe solutions to power the new space economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stan Herasimenka
Chief Operating Officer
Andy Atherton
Chief Technical Officer
Mikhail Reginevich
VP - Bus. Development
Luke Gordon
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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