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Nuvosun

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Dow Solar | Harnessing the Power of the Sun

Palo Alto, United StatesFounded 2008Energy
Valuation $25–50M Last recorded · 2010
Total funding $10–50M Disclosed equity funding
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About Nuvosun

Nuvosun, established in January 2008, focused on the development and manufacturing of thin-film photovoltaic (PV) cells. The company was founded by Dave Pearce, a seasoned entrepreneur in the solar industry who previously founded MiaSolé in 2001. Pearce's experience in the CIGS (Copper Indium Gallium Selenide) thin-film solar sector guided Nuvosun's mission to create lower-cost solar solutions.

The company's core business revolved around producing flexible CIGS solar cells. This technology utilizes a compound of copper, indium, gallium, and selenium to convert sunlight into electricity, allowing for the creation of ultra-thin and flexible solar cells in contrast to thicker, more rigid silicon-based cells. Nuvosun employed a proprietary manufacturing process that included a high-speed roll-to-roll sputtering technique and a two-step process for depositing the CIGS materials, which aimed to provide greater control and reduce manufacturing costs. The primary market for these cells was intended for building-integrated photovoltaics (BIPV), such as solar shingles.

Nuvosun's product, marketed as FlexsoLyt, was designed to be lightweight and flexible, making it suitable for commercial structures with load-bearing limitations, curved surfaces, or flat roofs. These PV modules featured high conversion efficiencies and integrated bypass diodes for shade protection. The company operated on a business-to-business model, supplying its advanced solar cells to larger manufacturing partners. A significant milestone in the company's history was its relationship with Dow Chemical. Dow began investing in Nuvosun in 2010 and, after several rounds of funding totaling approximately $55.9M, acquired the startup in February 2013, making Nuvosun a wholly owned subsidiary. The acquisition was a strategic move for Dow to integrate Nuvosun's CIGS technology into its own line of solar shingles.

Source: Dealroom company data

At a glance

Founded
2008
Headquarters
Palo Alto, United States
Sector
Energy

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Dow

Series B and later1 investor entered at this stage

  • Agility Capital
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Palo Alto HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Nuvosun on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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