C-Suite 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.”

Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. 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 a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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