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Founded Year



Dead | Dead

Total Raised


About Wakonda

Wakonda Technologies is developing solar electric technology that is more efficient than crystalline silicon and more cost effective than thin film alternatives.

Headquarters Location

2A Gill Street

Woburn, Massachusetts, 01801,

United States


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Expert Collections containing Wakonda

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wakonda is included in 1 Expert Collection, including Renewable Energy.


Renewable Energy

4,020 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

Latest Wakonda News

Wakonda, the Next Defunct Solar Startup Greentech Media Eric Wesoff is Editor-at-Large at Greentech Media.

Dec 4, 2017

Another one bites the dust. Prior to joining GTM, Eric Wesoff founded Sage Marketing Partners in 2000 to provide sales and marketing-consulting services to venture-capital firms and their portfolio companies in the alternative energy and telecommunications sectors. Mr. Wesoff has become a well-known, respected authority and speaker in these fields. His expertise covers solar power, fuel cells, biofuels and advanced batteries. His strengths are in market research and analysis, business development and due diligence for investors. He frequently consults for energy startups and Silicon Valley's premier venture capitalists. Unable to raise further cash, solar startup Wakonda has joined the growing list of defunct venture capital-funded greentech firms. The firm's phone is out of service, although their website is still up (it even claims that they're hiring). The CEO is still pursuing solar technology according to investors, but Wakonda seems to be winding down as a VC-funded startup. Wakonda's technology, as well as its business plan, always seemed, well, fluid. We've reported on the long list of viable and questionable VC-funded solar firms (see 150 Solar Startups ) and the inevitable consolidation (see Solar Startup Bloodbath ). Founded in 2005 in New York , Wakonda was a virtual single crystal silicon, then cadmium telluride on flexible substrate, and as reported by GTM in April of this year -- the firm was also going after PV roofing material. Wakonda raised $3.2 million from VC investors Advanced Technology Ventures, Envoi Ventures, General Catalyst Partners, Polaris Venture Partners, the Massachusetts Green Energy Fund, and Applied Ventures, the VC arm of Applied Materials. In 2007, the firm was NREL's Clean Energy Entrepreneur of the Year , an indication of the value of most awards of that sort. The company had been attempting to raise an additional $7 million as a "restart" with a "clean cap table" since October of 2009, according to the firm's executive summary and investor pitch from that time. The pitch deck had circulated freely around the VC offices of Sand Hill Road and the halls of Greentech Media. According to Hemant Taneja of General Catalyst, an investor in Woburn, MA-based Wakonda, the company wasn’t able to get its technology working "well enough, fast enough" to convince backers to keep putting money in, as reported on the website . Wakonda joins:

Wakonda Frequently Asked Questions (FAQ)

  • When was Wakonda founded?

    Wakonda was founded in 2005.

  • Where is Wakonda's headquarters?

    Wakonda's headquarters is located at 2A Gill Street, Woburn.

  • What is Wakonda's latest funding round?

    Wakonda's latest funding round is Dead.

  • How much did Wakonda raise?

    Wakonda raised a total of $9.5M.

  • Who are the investors of Wakonda?

    Investors of Wakonda include General Catalyst, Massachusetts Green Energy Fund, Polaris Partners, Advanced Technology Ventures and Applied Ventures.

  • Who are Wakonda's competitors?

    Competitors of Wakonda include Epishine, NexWafe, Toledo Solar, Sunman, Kurt J. Lesker Company, Porotech, Sujing Electronic Material, Midsummer, Sol Voltaics, Siva Power and 54 more.

Compare Wakonda to Competitors

3GSolar Photovoltaics

3GSolar Photovoltaics is a developer of solar energy using DSC (dye solar cell) photovoltaic technology with first applications for off-grid rural areas. DSC is a cost-effective alternative to silicon and thin film-based systems, providing an environmentally-friendly solution that produces electricity efficiently even in low light conditions.n

Siva Power Logo
Siva Power

Siva Power, fka Solexant, is developing third generation thin film PV technologies which increase solar cell efficiency, enabling the commercialization of low-cost solar modules. Using printable nano-material technologies, Solexant's flexible solar cells harvest energy from the entire solar spectrum.


Accustrata is a company that received a SBIR Phase IB grant for a project entitled: Real time optical control system for thin film solar cell manufacturing. Their research project relates to a real-time optical control system in the manufacture of next generation thin film solar cells and panels. The proposed system improves thin film solar cell manufacturing by improving the quality of the individual solar cells and panels. It allows manufacturing of more consistent and uniform products resulting in higher solar conversion efficiency and manufacturing yield. The proposed system uses patented miniature fiber optic sensors, installed at many locations in the film deposition chambers. They monitor different spots on the substrate and obtain real time measurements of film properties. The system compares the measured with the targeted values and provides immediate correction, improving film uniformity and narrowing material property distribution. It returns most of the products to their targeted specification, which would otherwise be rejected. This proposal will reduce waste and improve the manufacturing yield and the conversion efficiency of thin film solar cells and panels. It has specific benefits for the large-size solar panels, which are manufactured at higher cost today due to insufficient manufacturing yield. The proposed technology will reduce the time it takes for solar panels to reach grid parity with traditional energy sources. The proposed technology will also facilitate the development of numerous other applications for next generation thin film based products such as photonic crystals, nanotechnology, meta-materials, multi-junction solar cells, printing and counterfeiting control. This award is funded under the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).

Sierra Solar Power

Sierra Solar Power is developing a thin film solar solution that aims to achieve both high conversion and affordable cost.

Sunlight Aerospace

Sunlight is a privately funded company operating in Colorado, New Jersey, and New Mexico. It was founded in 2007 by a team from Lockheed and Bell Labs with expertise in aerospace, aeronautics, unmanned, and communication systems. The company develops autonomous unmanned airborne vehicles and systems.

Jem Enterprises

Jem Enterprises is a company that received a SBIR Phase I grant for a project entitled: Tin(II) Sulfide Photovoltaics. Their project aims to develop photovoltaic devices based on tin (II) sulfide (SnS). The properties of SnS, including bandgaps, carrier density and mobility, chemical and thermal stability, and metallurgical properties, promise the possibility to achieve relatively high conversion efficiency given state-of-art process control and device design. In this project, close space sublimation (CSS) technique, a thin film fabrication method proven for low cost and high manufacturability, will be used to synthesize SnS. The broader/commercial impact of this project will be the potential to produce photovoltaic devices based on low-cost and environmentally-friendly materials. There is no doubt that solar electricity has attracted a lot of attention in recent years as an alternative and renewable energy source. However, most of the current solar cell technologies have one or more of the following issues that, (1) raw materials are not abundantly available; (2) toxic materials are used; (3) overall cost is high. This project will address these issues by developing photovoltaic devices using SnS, a semiconductor material that can be supplied on a massive scale and at low recovery costs.

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