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Saturday, April 13, 2024
CEOWORLD magazine - Latest - CEO Advisory - Solexant raises $42 million in venture capital- Olympus Capital Partners

CEO Advisory

Solexant raises $42 million in venture capital- Olympus Capital Partners

Solexant Corp., developer of third-generation ultrathin-film PV technology, raised $41.5 million in venture financing. Olympus Capital Partners led the round of financing, which included DBL Investors and Birchmere Ventures. Existing investors include Trident Capital, Firelake Capital, Medley Partners and X/Seed.

Olympus is the lead investor in this new round of funding for Solexant, and the firm’s founder, Rami Elkhatib, is joining the company’s board of directors. The firm also announced the appointments of venture partners Charles Ho and Debra Schilling.

“We believe this is a great time for unconventional approaches to established clean energy and IT markets,” said Elkhatib, founder and general partner of Olympus Capital Partners. “We are very enthusiastic about the opportunity we see for compelling late-stage clean energy and IT companies with proven technology, strong customer acceptance, resourceful management teams, and capital-efficient business models. Solexant is a perfect example, and it exemplifies why we formed Olympus.”


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CEOWORLD magazine - Latest - CEO Advisory - Solexant raises $42 million in venture capital- Olympus Capital Partners
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.