Swift Solar, a San Carlos, Calif.-based solar PV technology company, secured more than $8m in Seed 2 funding, with an additional $1.5m expected to close soon, for a total of $9.6m.
The round was led by GitLab CEO Sid Sijbrandij and cryptocurrency expert James Fickel. Other participants in the round include climate tech and deep tech investors Good Growth Capital, Safar Partners, Climate Capital, Jack Fuchs, and Sierra Peterson, crypto and finance professionals Jonathan Lin, Grant Hummer, and Ethereum creator Vitalik Buterin, and a diverse group of angel investors.
The funding round will be used to expand R&D capabilities, develop prototypes, and grow the Swift Solar team.