Swift Solar announced the close of its $27 million Series A financing round, a step forward for U.S. manufacturing of perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Joining the round are new and existing investors including Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin, and Climate Capital.
The Goodwin deal team supported this transaction and serves as outside general counsel for Swift Solar. The team was led by David Brekke, Andrew Sparks, Monica Devlin, Kelly Carson and Yiwen Zhang; with support from Carson Williams, Kevin Liu, Amy Josselyn and Charles Li.
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About Swift Solar
Swift Solar is a leading U.S. solar technology company developing advanced perovskite photovoltaics. Founded in 2017 by a global team of leading solar technologists, the company is a spinout of MIT, Stanford University, and the National Renewable Energy Laboratory (NREL). Swift Solar aims to build a better future by stopping climate change and revitalizing domestic manufacturing. For more information, visit www.swiftsolar.com.