Swift Solar

Swift Solar

Private
San Carlos, CaliforniaEnergy & Sustainabilityhttps://www.swiftsolar.com

Last Round

Series A

Jun 12, 2024

Total Funding Raised

$50.6M

Momentum Score

25 /100

Company Overview

Swift Solar is a renewable energy company specializing in the development of high-efficiency tandem solar cells made from ultra-thin perovskite films that enhance solar conversion efficiency while being lightweight and cost-effective.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Advanced Materials, Semiconductors, Space Technology, Defense Tech

Business Model

B2B

Customer Profile

Government Contracts, Hardware Sales

AI Layer

Non-AI

Keywords

perovskite tandem solar cellsperovskite solartandem solar cellshigh-efficiency solarflexible solar panelslightweight solar panelsUS solar manufacturingnext-gen solarphotovoltaic technologyspace solar powerbuilding-integrated photovoltaicsBIPVsolar for electric vehiclessolar for telecomtechnology licensing

Historical Pricing

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Caplight Momentum Score

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Swift Solar Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Swift Solar Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AJun 12, 2024
GrantMay 17, 2024
SeedDec 15, 2020
SeedDec 1, 2018

Key People

Founding team and executive leadership

Tomas Leijtens

CTO, Co-founder

Founding Team

Joel Jean

Co-Founder And CEO

Founding Team

Swift Solar Investors

Notable investors and investment history

InvestorRounds
Good Growth CapitalSeries A, Seed
Stanford UniversitySeries A
H/L VenturesSeries A
Climate CapitalSeed, Series A
Fontinalis PartnersSeries A
Safar PartnersSeed
Toba CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 24, 2026

    Gunter Erfurt, former CEO of Meyer Burger, joins the advisory board.

  • Mar 24, 2026

    Plans to produce perovskite-silicon tandem cells on a gigawatt scale.

Swift Solar Filings

SEC and related filings with document metadata.

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Swift Solar Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Swift Solar's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Carlos, California
Employee Range52
Year Founded2017
Last FundingJun 12, 2024

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