Ampulse Corporation announced that it has closed an $8M Series A round led by Globespan Capital Partners and El Dorado Ventures. Also participating in the round were existing investors Battelle Ventures an Innovation Valley Partners. Ampulse seeks to combine the conversion efficiencies of crystalline-silicon solar panels with the convenience and cost advantages of thin film technologies. Based on IP licensed from NREL and Oak Ridge National Laboratories, Ampulse’s patented process produces film silicon by gas deposition on top of a metal substrate generating large-grain and well-aligned silicon crystals. The silicon film is only about 5-10 microns thick – relative to 100-200 microns for wafers currently in use – substantially cutting the costs associated with the purchase of silicon. Ampulse is based in Golden, Colorado and was founded in 2007.
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