Contour Energy Systems Inks Series C

Contour Energy Systems, a developer of battery systems, has closed an undisclosed amount of Series C financing, the company said Tuesday. Investors in the round include EDB Investments, CMEA Capital, Harris & Harris, Schlumberger and U.S. Venture Partners. The latest infusion will go toward research and development efforts, production capacity expansion and funding working capital growth.

Innovalight Inks $3.4M From DOE

Sunnyvale, Calif.-based Innovalight Inc., which sells silicon ink and advanced solar cell process technology, has inked $3.4 million in funding under the SunShot initiative by the U.S. Department of Energy. The money will help the company accelerate the development and production of silicon ink material and processes for high efficiency solar cells. With more than $63 million raised previously, Innovalight is also backed by EDB Investments of Singapore, Vertex Venture Holdings, Apax Partners, ARCH Venture Partners, Convexa Capital, Harris & Harris Group, Sevin Rosen Funds and Triton Ventures.

Innovalight Raises $18 Million

Innovalight Inc., a Santa Clara, Calif.-based developer of silicon ink-based printed solar cells, has raised $18 million in Series D funding. EDB Investments of Singapore led the round, and was joined by Vertex Venture Holdings (VC subisidiary of Temasek Holdings) and return backers Apax Partners, ARCH Venture Partners, Convexa Capital, Harris & Harris Group, Sevin Rosen Funds and Triton Ventures. The company previously raised over $45 million.

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