Deal Announcements

1366 Technologies Adds To Second VC Round

Wednesday, March 02, 2011 5:32:00 AM PDT | VentureDeal Staff

   North Lexington, Massachusetts  --  Solar technology company 1366 Technologies has garnered an additional $8.4 million in second-round funding.

1366 says that it is developing silicon solar cells that are competitive with coal-based energy sources.

New investors in the financing were GE Energy Financial Services and VantagePoint Venture Partners.  The company said it would use the financing to take its Direct Wafer technology into production.

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