News Releases

Semprius Secures $20 Million in Funding for Production of Advanced Solar Modules

Semprius, Inc., a leading innovator in high concentration photovoltaic (HCPV) solar modules, recently secured $20 million in its first tranche of Series C venture fundraising. Siemens Venture Capital led the investment round and was joined by ARCH Venture Partners, Applied Ventures, Illinois VENTURES, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius will use the funding to construct a pilot HCPV module production plant, which will allow the company to scale up and optimize its process for subsequent large-capacity plants.

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