Advent Solar Raises $70 Million

Advent Solar Inc., an Albuquerque, N.M.-based maker of solar cells and modules, has raised $70 million in Series D funding, according to VentureWire. ZBI Ventures led the deal, and was joined by Sun Mountain Capital, Globespan Capital Partners and return backers @Ventures, Battery Ventures, EnerTech Capital, Firelake Capital and New Mexico Co-Investment Partners.