Solestial Announces $17M Series A Funding Round

Solestial Announces $17M Series A Funding Round

Space solar energy company Solestial has closed a $17 million Series A funding round led by AE Ventures. The round welcomed new investors Crosscut Ventures, Zeon Ventures, and Mitsubishi Electric Corporation's ME Innovation Fund (general partner: Global Brain Corporation), with participation from existing investors Airbus Ventures, General Purpose Venture Capital, Industrious Ventures, Stellar Ventures, and Techstars."We're hiring, scaling produ…

Solestial announces $17M Series A funding round to scale space solar manufacturing

Solestial announces $17M Series A funding round to scale space solar manufacturing

Solestial Secures $17M Series A Funding And Welcomes New CEO To Scale Space Solar Production - SuperbCrew

Solestial raises $17 million in Series A funding led by AE Ventures to expand production of its radiation-healing silicon solar modules for space applications. The company appoints Margo de Naray as CEO while founder Stanislau Herasimenka shifts to CTO to focus on technology development. Backed by new and returning investors, Solestial scales its Arizona facility to meet growing industry demand. Space Energy Gets a Boost: Inside Solestial’s $17M…

Solestial Secures $17M Series A to Accelerate Space Solar Manufacturing

Los Angeles CA (SPX) May 19, 2025 Solestial has closed a $17 million Series A funding round led by AE Ventures, with participation from Crosscut Ventures, Zeon Ventures, and Mitsubishi Electric Corporation's ME Innovation Fund, managed by Global Brain Corporation. Returning investors include Airbus Ventures, General Purpose Venture Capital, Industrious Ventures, Stellar Ventures, and Techstars. The funding will enable Sole