Solar wafer technology developer NexWafe bagged $45m in a Reliance Industries-led round while BDMI helped hike collectibles marketplace Rally's series B to the same size.
Funding
Conglomerate Reliance Industries has put up $29m to lead a €39m ($45m) series C round for NexWafe, the Germany-based developer of a green solar wafer production method. The corporate invested through its Reliance New Energy Solar subsidiary, joining Saudi Aramco Energy Ventures (SAEV), the investment arm of oil and gas provider Saudi Aramco, as well as InnoEnergy, Lynwood Schweiz and unnamed others. NexWafe has now raised over $75m in total, $12m coming from SAEV, Lynwood Schweiz, Fraunhofer Society’s Institute…
