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Tandem PV

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Tandem perovskite panels techjnology

Fremont, United StatesFounded 2016Energy
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tandem PV and the history behind them.

About Tandem PV

Tandem PV is a solar energy company developing perovskite-based solar panels. The company's proprietary technology involves stacking thin-film perovskite on top of conventional silicon solar cells, a design referred to as tandem perovskite panels. This approach is engineered to increase the power output of traditional solar modules, with the company reporting panel efficiencies of 28%.

The business model is centered on the manufacturing and sale of these high-efficiency solar panels. By increasing the energy output per panel, the company aims to reduce the overall cost of solar energy, making it a more competitive energy source. The company is currently in the process of building out its manufacturing infrastructure to scale up production and accelerate the commercialization of its products.

Based in Silicon Valley, Tandem PV was founded in 2016 and has secured significant funding to support its growth and manufacturing expansion. The company's primary market is the solar energy sector, with a goal of re-establishing U.S. leadership in solar manufacturing and contributing to the transition to a net-zero economy.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Fremont, United States
Employees
47
Open positions
7
Dealroom signal
93.6/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Solar Energy, Spinout, Sustainable Development Goals, Climate Tech, Renewable Energy, NIF defense security and resilience, NIF Energy Security and Climate Change, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jul 2025 $0 — California Energy Commission ↗
SERIES AOther financing Mar 2025 $50M $200M Constellation · Eclipse Ventures · PRIME Coalition · CSC Leasing ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Tandem PV website traffic

Latest recorded traffic for Tandem PV is 3.9K monthly website visits, down 17% over the last three months. Tandem PV's team grew 38.2% over the past year.

Latest monthly visits3.9K 3-month web change-17% 1-year team growth+38.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

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

Seed3 investors entered at this stage

  • US National Science Foundation
  • US Department of Energy
  • California Energy Commission

Series A8 investors entered at this stage

  • Uncorrelated
  • Planetary Technologies
  • Tom Werner
  • Eclipse Ventures
  • Constellation
  • PRIME Coalition
  • CSC Leasing
  • Stifel Bank

Other known investors1 additional known investor

  • Stanford University
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tandem PV 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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