Tuesday, November 3, 2009

Ampulse Gains $8M

Golden, Colorado-based Ampulse, which develops crystalline-silicon (c-Si) thin-film technology for solar cells, said Tuesday that it has raised $8M in a Series A funding round. The round was led by Globespan Capital Partners and El Dorado Ventures, and also included prior investor Battelle Ventures, and affiliated fund Innovation Valley Partners. As part of the funding, Daniel Leff of Globespan and Jeff Hinck of El Dorado Venturse have joined the company's board. Ampulse develops technology used for thin-film photovoltaic technologies, specifically on a flexible substrate. The firm's technology was originally developed at the U.S. Department of Energy's National Renewal Energy Laboratory (NREL) and Oak Ridge National Laboratory (ORNL). More information »