The solar module manufacturer has now raised more than $200m, after King Saud University joined investors including SunPower, Spirox and GAF.

Solexel, a US-based solar cell and module producer backed by solar panel maker SunPower and semiconductor technology provider Spirox, has secured $95m in funding from investors including King Saud University of Saudi Arabia.

The company confirmed the funding yesterday. It did not disclose the precise amount raised, but a regulatory filing in June suggests it has secured $95m from a series D round that reached its first close in July 2014.

King Saud University invested through its venture capital arm,…