Solar power company Solstice raises $3.1m

Solstice Power Technologies of Cambridge, Massachusetts raises $3.1m in a round led by Total Carbon Neutrality Ventures.

Cambridge, Massachusetts-based Solstice Power Technologies, which helps bring solar power to households, announced last week it closed an oversubscribed $3.1 million funding round. Total Carbon Neutrality Ventures led the round with additional investments from American Family Insurance Institute for Corporate and Social Impact, Massachusetts Clean Energy Center, Schneider Electric Ventures, Next Wave Impact, Active Impact Investments, Powerhouse Ventures, Gratitude Railroad, H/L Ventures, SustainVC, Halcyon Angels, and prominent angel investors. The funding will be used to expand Solstice’s operations to additional states in 2021. Initially, Solstice will focus on Illinois, Massachusetts, New York, Maine and New Jersey.

Source: Press release