When was Merlin Solar founded?

Merlin Solar was founded in 2016 and raised its 1st funding round 8 years after it was founded.

Where is Merlin Solar located?

Merlin Solar is headquartered in San Jose, United States.

How many employees does Merlin Solar have?

As of Aug 31, 2026, the latest employee count at Merlin Solar is 81.

Is Merlin Solar a funded company?

Merlin Solar is a funded company, having raised a total of $47.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 29, 2024.

When was the latest funding round of Merlin Solar?

Merlin Solar's latest funding was a $***** Series B round on Dec 18, 2025, with participation from 0 investor. Its primary sector is Flexible Electronics. In United States, the Flexible Electronics sector has seen $25M in funding in 2026 to date.

Where does Merlin Solar rank among its competitors?

Merlin Solar ranks 12th amongst 61 active competitors, of which 23 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ascent Solar, which secured $25M in Jan, 2026.

Who are the top competitors of Merlin Solar?

Merlin Solar's top competitors include Swift Solar, mPower Technologies and Avaada Electro. Among them, Ascent Solar secured the most recent funding round in January, 2026.

Merlin Solar - 2026 Company Profile, Team, Funding & Competitors

Merlin Solar is an acquired company based in San Jose (United States), founded in 2016 by Bob Brainard and Gopal Prabhu. It operates as a Manufacturers of solar modules. Merlin Solar has raised $47.1M in funding from Saint-Gobain and Fifth Wall. The company has 61 active competitors, including 23 funded and 7 that have exited. Its top competitors include companies like Swift Solar, mPower Technologies and Avaada Electro.

Company Details

Manufacturers of solar modules. It provides crystalline silicon-based solar solutions which address deployments such as on metal roofs, auxiliary power for transportation, flush-mounted residential solar, and military applications. It also provides solutions for interconnect system that enables them to extract more power compared to standard solar panels and also improve the reliability performance, and ruggedness of the solar panels.

Website: www.merlinsolar.com/
Social
Email ID: *****@merlinsolar.com

Key Metrics

Founded Year

2016

Location

San Jose, United States

Stage

Acquired

Total Funding

$47.1M in 2 rounds

Latest Funding Round

Series B, Dec 18, 2025, $*****

Investors

Saint-Gobain & 3 more

Ranked

12^th among 61 active competitors

Employee Count

81 as on Aug 31, 2026

Similar Companies

Swift Solar & 64 more

Exit Details

Acquired by AC Industrials (Feb 26, 2018)

View Merlin Solar's full profile

Merlin Solar got acquired by AC Industrials on Feb 26, 2018.

Click here to take a look at Merlin Solar's acquisition in detail

Merlin Solar has raised a total funding of $47.1M over 2 rounds. Its first funding round was on Oct 29, 2024. Merlin Solar has 4 institutional investors.

Here is the list of recent funding rounds of Merlin Solar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 18, 2025	1906726	Series B	4264042	4175633	1031882	9918016
Oct 29, 2024	3213147	Series B	3271231	6044486	Fifth Wall & 1 more	Ayala

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View details of Merlin Solar's funding rounds and investors

The founders of Merlin Solar are Bob Brainard and Gopal Prabhu.

Here are the details of Merlin Solar's key team members:

Bob Brainard: Co-Founder of Merlin Solar.
Contact Info: 1 email address
Gopal Prabhu: Co-Founder of Merlin Solar.
Contact Info: 1 phone number

View details of Merlin Solar's Founder profiles and Board Members

Merlin Solar's employee count trend

Merlin Solar has 81 employees as of Aug 26. Here is Merlin Solar's employee count trend over the years:

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Top competitors of Merlin Solar include Swift Solar, mPower Technologies and Avaada Electro. Here is the list of Top 10 competitors of Merlin Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Swift Solar 2017, Golden (United States), Series A	Provider of flexible perovskite solar cells	$42.4M	Eni Next, Good Growth Capital & 20 others	65/100
2nd	mPower Technologies 2008, Albuquerque (United States), Series B	Manufacturer of solar modules for space applications and related solutions	$56.4M	Razor's Edge Ventures, Cottonwood Technology Fund ... & 5 others	61/100
3rd	Avaada Electro 2011, Mumbai (India), Unfunded	Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications	-	-	60/100
4th	Epishine 2016, Linkoping (Sweden), Series A	Developer and provider of solar modules	$19.4M	Almi Invest, Beijer Ventures & 14 others	57/100
5th	Active Surfaces 2022, Cambridge (United States), Seed	Developer of ultra-thin, lightweight, flexible, low-cost solar cells.	$10.5M	Safar Partners, QVT Family Office & 8 others	56/100
6th	Ascent Solar 2005, Thornton (United States), Public	Manufacturer of flexible thin-film solar panels for varied applications	-	Tritium Partners, Terminus Capital Partners ... & 4 others	55/100
7th	Midsummer 2004, Stockholm (Sweden), Public	Manufacturer of thin, light, and flexible solar panels for various roofs	-	Mistra, Allabolag & 4 others	54/100
8th	Power Roll 2012, Seaham (United Kingdom), Series B	Manufacturer of flexible solar film modules using microgroove technology components	$32.8M	Maven Capital Partners, Greenwood Way Capital ... & 12 others	52/100
9th	SunMan 2015, Hong Kong (China), Series B	Developer of flexible PV modules	$7M	CEFC, Southern Cross Venture Partners & 2 others	52/100
10th	Apollo Power 2014, Yokneam Illit (Israel), Funding Raised	Manufacturer of flexible solar solutions for automotive, awning, and roofing markets	-	Drive TLV, Next Gear Ventures & 1 others	51/100
12th	Merlin Solar 2016, San Jose (United States), Acquired	Manufacturers of solar modules	$47.1M	Fifth Wall, Ayala & 2 others	49/100