SolarBridge gets $15 million venture investment

Austin-based SolarBridge Technologies has raised $15 million to build out operations for its first product launch.

Rho Ventures and Battery Ventures made the investment. SolarBridge has raised a total of $27 million.

SolarBridge develops technology to make solar panels more efficient. It is one of about two dozen companies that has received money from the Texas Emerging Technology Fund. The fund invested $1.5 million in the company in March.

Founded in 2004 using technology licensed from the University of Illinois, SolarBridge plans to launch its first product by the end of the year.

SolarBridge gets $15 million venture investment | Starting Up.

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