Sunpreme Inc., based in Sunnyvale, CA, is a global leader in the photovoltaic industry, noted for its high-performance PV modules deployed across 28 countries. Founded in 2009, the company is strategically positioned in both the United States and China to capitalize on the rapidly expanding $20B Commercial and Industrial (C&I) solar market.
Sunpreme distinguishes itself with its Bifacial double glass modules boasting an industry-leading PV efficiency of 22%, with developmental roadmaps aiming as high as 30%. The company's proprietary HCT platform has effectively resolved key challenges in HIT technology, achieving a remarkable >98% manufacturing yield on 6” Si wafers.
Despite receiving its last known $50.00M Series B funding from notable investors like Capricorn Investment Group and International Finance Corporation in 2011, the company has remained profitable at a small scale and is poised for capacity expansion in the US. Led by an experienced team, Sunpreme offers a compelling, de-risked investment opportunity, with expectations of a significant liquidity event in the next 3 to 5 years.