FinTechFunding

Swift Solar: Raises Over $8M in Seed 2 Funding

  • Swift Solar, a San Carlos, secured more than $8m in Seed 2 funding, with an additional $1.5m expected to close soon, for a total of $9.6m
  • The round led by GitLab CEO Sid Sijbrandij and cryptocurrency expert James Fickel
  • The funding round will used to expand R&D capabilities, develop prototypes, and grow the Swift Solar team
  • Founded in 2017 by CEO Joel Jean, Swift Solar creates solar products that deliver performance and versatility
  • Swift Solar has raised over $16m in equity financing to date
  • The company is also supported by non-dilutive funding from the National Science Foundation, the U.S. Department of Energy, and the Office of Naval Research
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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