Last deal

$2.5M

Amount

Convertible Note

Stage

01.07.2021

Date

8

all rounds

$19.4M

Total amount

General

About Company
Leading Edge Crystal Technologies develops single-crystal silicon wafers for solar cell and panel manufacturing.

Industry

Sector :

Subsector :

Keywords :

Also Known As

LECT, Leading Edge Crystal Technologies, LEET

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

The company's innovative process eliminates the need for wire-sawing large silicon ingots, resulting in higher efficiency solar cells and reduced energy costs and CO2 emissions. Their kerfless, single crystal silicon wafers offer a low-cost, high-efficiency, and low-emission alternative to the industry standard technology. These wafers can be seamlessly integrated into existing module manufacturing processes without any changes, providing solar cell and panel manufacturers with a drop-in solution to increase their panel power output. Leading Edge Crystal Technologies uses the floating silicon method to produce single-crystal wafers in one step, revolutionizing the crystal growth manufacturing technology for solar panels.