Solantro Semiconductor Raises $11 Million to Accelerate Volume Manufacturing

07-Apr-2015

Ottawa, ON CANADA, April 7, 2015 -- Solantro Semiconductor Corp., the leader in Digital Power Processor chipsets, announced today that it has closed $11 million as part of a series B round to expand its early lead in renewable power conversion semiconductor ICs.   

This financing includes existing investors (Black Coral Capital, BDC, Presidio Ventures, Clean Energy Venture Group and EDC) as well as new investor Inerjys Ventures.
Solantro is pioneering digital power processor technology (dP2) used to control, sense and drive next generation power conversion topologies. Solantro secured the additional financing to support volume ramp with customers. 

“Solantro’s goal is to enable our customers to deliver the best and lowest cost solutions to the renewable power market” said Antoine Paquin, CEO of Solantro. “This capital secures the necessary resources to continue to respond to growing customer demand”.

For further information please contact: 

Seste Dell’Aera Marketing Communications
sdellaera@solantro.com (613) 274-0440 ext. 269

About Solantro Semiconductor 

Solantro is a world leader in developing customized chipsets, firmware and development platforms for power conversion applications across distributed renewable energy networks.  Founded in 2009, the company has assembled a team of proven entrepreneurs with deep experience in system architecture, mixed-signal semiconductors and power conversion.  Solantro is working closely with select visionary partners and customers to fundamentally redefine the manageability, scalability, reliability and economics of grid-tied and off-grid renewable energy installations through deployment of highly distributed power system architectures based on its Digital Power Processor (dP2) chipset.  

www.solantro.com 





Contact Details

  US Addresses:
3930 E Ray Rd, Suite 140
Phoenix, AZ 85044

  Canadian Address:
146 Colonnade Rd, Suite 200,
Ottawa ON, K2E7Y1

  Email: info@solantro.com

  Google Maps: See our locations

  Telephone: (613) 274-0440

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