Private Market View

Merlin Solar Technologies

San Jose, CA · Founded 2016 · Acquired/Merged (Operating Subsidiary)

Last price · $/share
Implied valuation
$45.0M
Total raised
$47.1M
Last round
Debt
Dec 2025

Key facts

  • Merlin Solar Technologies’s last known valuation is $45.0M (Jul 2024).
  • It has raised $47.1M across 2 recorded rounds; the latest was Early Stage VC ($10.2M) in Apr 2016.
  • Notable investors include Fifth Wall, Saint-Gobain.
  • Merlin Solar Technologies has filed 2 Form Ds with the SEC since 2016, most recently Jan 2026 ($16.1M sold to 10 investors).
  • Status: Acquired/Merged (Operating Subsidiary).
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Funding rounds

2 rounds
Dec 2025Debt$16.1MSEC filing
Apr 2016Early Stage VC$10.2MSEC filing

About Merlin Solar Technologies

Developer of renewable energy technologies designed to become the solar provider in transportation, roofing, and portable applications. The company develops and manufactures crystalline silicon-based solar panels and grids with an interconnected system to extract more power compared to standard solar panels and address demanding deployments, enabling customers to reduce their reliance on aluminum-framed tempered-glass constructs for solar panels.

Sector
Energy
HQ
San Jose, CA, United States
Founded
2016
Employees
84
Ownership
Acquired/Merged (Operating Subsidiary)
PA Mark — not yet priced

Merlin Solar Technologies doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Merlin Solar Technologies shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Merlin Solar Technologies in its N-PORT filings yet. We sweep new filings monthly.

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