SolAround

Bifacial Solar Cell Products

Energy Tech
Private
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Company Overview

Snapshot

Founded in March 2015 by Avishai Drori, Lev Kreinin, Naftali Eisenberg, and Dr. Yossi Kofman, SolAround operates with 1–10 employees. The company has secured $6.92 million in total capital across 6 funding rounds from 3 investors. In June 2020, SolAround received a grant from the Ministry of Energy.

Business overview

SolAround is an Energy Tech company that develops high-efficiency, fully bifacial solar cell technology. Its core product, based on p-type bifacial p-PERT technology, aims to increase solar panel efficiency and reduce solar energy costs. The technology is designed for easy integration into existing manufacturing facilities and is suitable for various applications, including flat white rooftops, utility ground installations, and building-integrated photovoltaics (BIPV). The company operates within the Clean Energy Generation, Energy Production & Sources, and Solar sectors, serving markets across the United States, Europe, and Asia.

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Company Intelligence Q&A

When was SolAround founded?
SolAround was founded in March 2015.
Who are the founders of SolAround?
SolAround was founded by Avishai Drori, Lev Kreinin, Naftali Eisenberg, and Dr. Yossi Kofman.
How much capital has SolAround raised to date?
SolAround has raised a total of $6.92 million in capital.
How many funding rounds has SolAround completed?
SolAround has completed 6 funding rounds, including a Seed round in January 2015 with investments from Office of the Chief Scientist and Terra Venture Partners, and several grants from the Ministry of Energy in June 2015, June 2017, June 2019, and June 2020.
What type of funding did SolAround receive in June 2020?
In June 2020, SolAround received a grant of $260,000 from the Ministry of Energy.
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