Active Surfaces - About the company
Active Surfaces is a seed company based in Cambridge (United States), founded in 2022 by Richard Swartwout and Shiv Bhakta. It operates as a Developer of ultra-thin, lightweight, flexible, low-cost solar cells.. Active Surfaces has raised $10.5M in funding from Safar Partners. The company has 311 active competitors, including 69 funded and 44 that have exited. Its top competitors include companies like First Solar, Jinko Solar and Exeger.
Company Details
Developer of ultra-thin, lightweight, flexible, low-cost solar cells. The company focuses on enabling any surface to generate solar energy. It utilizes novel manufacturing techniques and commodity materials to build solar cells for both established and emerging markets. The company aims to provide solutions for integrating solar technology into various applications, including roofing, canopies, vehicles, and electronics.
- Website
- www.activesurfaces.xyz/
- Social
Key Metrics
Founded Year
2022
Location
Cambridge, United States
Stage
Seed
Total Funding
$10.5M in 3 rounds
Latest Funding Round
Investors
Ranked
15th among 311 active competitors
Employee Count
15 as on Jul 31, 2026
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Active Surfaces's funding and investors
Active Surfaces has raised a total funding of $10.5M over 3 rounds. Its first funding round was on Sep 18, 2023. Its latest funding round was a Seed round on May 30, 2025 for $*****. 1 investor participated in its latest round. Active Surfaces has 10 institutional investors.
Here is the list of recent funding rounds of Active Surfaces:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2025 | 9950758 | Seed | 4793371 | 5600775 | 7988801 | 3894994 |
May 13, 2024 | 2860203 | Seed | 7231413 | 6719579 | 3826935 | |
Sep 18, 2023 | 5905582 | Seed | 8352498 | 4896452 | 3266171 | 4829000 |
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Active Surfaces' founders and board of directors
Founder? Claim ProfileThe founders of Active Surfaces are Richard Swartwout and Shiv Bhakta.
Here are the details of Active Surfaces' key team members:
- Richard Swartwout: Co-Founder of Active Surfaces. Contact Info: 1 email address
- Shiv Bhakta: Co-Founder of Active Surfaces. Contact Info: 1 email address
View details of Active Surfaces's Founder profiles and Board Members
Active Surfaces' employee count trend
Active Surfaces has 15 employees as of Jul 26. Here is Active Surfaces's employee count trend over the years:
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Active Surfaces's Competitors and alternates
Top competitors of Active Surfaces include First Solar, Jinko Solar and Exeger. Here is the list of Top 10 competitors of Active Surfaces, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  First Solar 1999, Tempe (United States), Public | Provider of cadmium telluride-based flexible solar modules | - | 70/100 | |
2nd |  Jinko Solar 2006, Shanghai (China), Acquired | Manufacturer of solar modules | $35M | 68/100 | |
3rd | Manufacturer of solar cells | $50.1M | 65/100 | ||
4th |  Swift Solar 2017, Golden (United States), Series A | Provider of flexible perovskite solar cells | $42.4M | 64/100 | |
5th | Manufacturer of process solutions and equipment | - | 63/100 | ||
6th |  Tandem PV 2017, San Francisco (United States), Series A | Developer of a perovskite-based solar cell | $64.4M | 63/100 | |
7th |  Oxford Photovoltaics 2010, Oxford (United Kingdom), Series D | Manufacturer of tandem solar cells combining perovskite and silicon layers | $239M | 62/100 | |
8th | mPower Technologies 2008, Albuquerque (United States), Series B | Manufacturer of solar modules for space applications and related solutions | $56.4M | 61/100 | |
9th | Websol Energy System 1994, Kolkata (India), Public | Manufactures solar cells and solar modules | - | - | 61/100 |
10th | Merlin Solar 2016, San Jose (United States), Acquired | Manufacturers of solar modules | $47.1M | 61/100 | |
15th |  Active Surfaces 2022, Cambridge (United States), Seed | Developer of ultra-thin, lightweight, flexible, low-cost solar cells. | $10.5M | 56/100 |
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Active Surfaces's Investments and acquisitions
Active Surfaces has made no investments or acquisitions yet.
Reports related to Active Surfaces
Here is the latest report on Active Surfaces's sector:
News related to Active Surfaces
Media has covered Active Surfaces for 1 event in last 1 year.
•
J-POWER Invests in Active Surfaces, a US Perovskite Solar Start-UpRenewables Now•Oct 24, 2025•Active Surfaces, J-Power
•
Active Surfaces Raises $5.6M in Pre-Seed FundingFinSMEs•May 13, 2024•Active Surfaces, MIT Sloan School of Management, Safar Partners, QVT Family Office and 5 others
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