Startup · $11m raised · Climate and sustainability · Energy · Hardware · Robotics
Solar cell technology replacing silver with copper to reduce costs
South Sydney, NSW
Every investor coverage indicates participated in a round Sundrivesolar raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | $11,000,000 |
| Australian Renewable Energy Agency (ARENA) | Grant | - |
Investors whose own portfolio pages list Sundrivesolar, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Virescent Ventures | its portfolio page ↗ |
Companies Sundrivesolar acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| David Hu | Founder | @AuManufacturing (28 Mar 2024), @AuManufacturing (16 Dec 2021) |
| Prof Alison Lennon | Chief Scientist | @AuManufacturing |
| Vince Allen | CEO · Founder | @AuManufacturing (28 Mar 2024), @AuManufacturing (1 Nov 2023), ARENA, @AuManufacturing (16 Dec 2021), @AuManufacturing (29 Nov 2021) |
Stories naming Sundrivesolar. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA grants SunDrive $11 million to take its copper-based cell metallisation from prototype to commercial production, its second award after $3 million for earlier demonstration work.
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
Solar startup SunDrive has produced its first full-size panels using copper-based cells, a manufacturing milestone after September's efficiency record; the piece recalls backing from Cannon-Brookes, ARENA and Blackbird Ventures.