The solar module manufacturer has raised $18m just one month after receiving a $5m investment.
US-based solar technology company Tigo Energy secured $18m in financing yesterday from backers including investment holding company Clal and wireless communications company Inventec Appliances, both of which are also past investors.
The round was led by venture capital (VC) firm Bessemer Venture Partners, while previous investors include VC firm OVP Venture Partners, VC fund Israel Cleantech Ventures, private equity firm Matrix Partners and investment partnership Generation Investment Management.
The funding follows a $5m round raised by Tigo last month,…
