Thursday, June 9, 2005

Now that the cat's out of the bag...

...as per SiliconBeat, we're free to cite Matt Marshall that:
  • Nanosolar raised a $20M round led by Mohr Davidow, and including Mitsui, Benchmark Capital and the US Army venture capital fund OnPoint.
  • Miasole raised a $16M round led by Kleiner Perkins with participation by existing funders.
Matt Marshall's post at SiliconBeat is worth checking out -- he's right that the big news is that these thin-film solar manufacturers are getting close to ready for full production runs. Miasole in particular is getting close to ready for prime time (full disclosure: I am a minor shareholder), while Nanosolar is looking for commercialization in 2006.

Look for big news down the road from these and other thin-film upstarts. Silicon is just very expensive...