When was Silfab Solar founded?

Silfab Solar was founded in 2010 and raised its 1st funding round 11 years after it was founded.

Where is Silfab Solar located?

Silfab Solar is headquartered in Mississauga, Canada.

How many employees does Silfab Solar have?

As of Aug 31, 2026, the latest employee count at Silfab Solar is 442.

Is Silfab Solar a funded company?

Silfab Solar is a funded company, having raised a total of $225M across 5 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Sep 15, 2021.

When was the latest funding round of Silfab Solar?

Silfab Solar's latest funding was a $***** Grant (prize money) round on May 02, 2025, with participation from 1 investor. Its primary sector is Solar Energy. In Canada, the Solar Energy sector has seen $241M in funding in 2026 to date.

Where does Silfab Solar rank among its competitors?

Silfab Solar ranks 13th amongst 1851 active competitors, of which 102 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Tandem PV, which secured $7.7M in Aug, 2026.

Who are the top competitors of Silfab Solar?

Silfab Solar's top competitors include Waaree Energies, First Solar and Vikram Solar. Among them, Tandem PV secured the most recent funding round in August, 2026.

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

Silfab Solar is a series D company based in Mississauga (Canada), founded in 2010 by Franco Traverso. It operates as a Manufacturer of solar PV modules. Silfab Solar has raised $225M in funding from ARC Financial. The company has 1851 active competitors, including 102 funded and 130 that have exited. Its top competitors include companies like Waaree Energies, First Solar and Vikram Solar.

Company Details

Manufacturer of solar PV modules. It is the design and development of ultra-high-efficiency, premium-quality solar panels for generating electricity on the residential and commercial scale.

Website: silfabsolar.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2010

Location

Mississauga, Canada

Stage

Series D

Total Funding

$225M in 5 rounds

Latest Funding Round

Grant (prize money), May 02, 2025, $*****

Investors

ARC Financial & 5 more

Ranked

13^th among 1851 active competitors

Employee Count

442 as on Aug 31, 2026

Investment & Acquisitions

Itek Energy

Similar Companies

Vikram Solar & 1719 more

View Silfab Solar's full profile

Silfab Solar has raised a total funding of $225M over 5 rounds. Its first funding round was on Sep 15, 2021. Its latest funding round was a Grant (prize money) round on May 02, 2025 for $*****. 1 investor participated in its latest round. Silfab Solar has 6 institutional investors.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2025	3237622	Grant (prize money)	7271639	2086713	7804014	6645204
May 01, 2025	4143626	Grant (prize money)	4116207	6422464	7810264	OSTI
Apr 28, 2025	2441230	Grant (prize money)	1473495	1638937	5440027	OSTI

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View details of Silfab Solar's funding rounds and investors

The founders of Silfab Solar is Franco Traverso.

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

Franco Traverso: Co-Founder of Silfab Solar.
Contact Info: 1 email address

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

Silfab Solar's employee count trend

Silfab Solar has 442 employees as of Aug 26. Here is Silfab Solar's employee count trend over the years:

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Top competitors of Silfab Solar include Waaree Energies, First Solar and Vikram Solar. Here is the list of Top 10 competitors of Silfab Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Waaree Energies 1990, Mumbai (India), Public	Manufacturer of solar PV modules	$261M	ValueQuest, Dharamshi Securities & 189 others	74/100
2nd	First Solar 1999, Tempe (United States), Public	Provider of cadmium telluride-based flexible solar modules	-	Triodos Investment Management, GSA Capital Partners ... & 1 others	70/100
3rd	Vikram Solar 2005, Kolkata (India), Public	Manufacturer of solar photovoltaic modules and renewable energy solutions	$94.1M	Monolink Trexim, Viney Equity Market & 76 others	70/100
4th	Jinko Solar 2006, Shanghai (China), Acquired	Manufacturer of solar modules	$35M	China Israel Value Capital, Pitango & 5 others	68/100
5th	Premier Energies 1995, Secunderabad (India), Public	Manufacturer and supplier of solar cells and modules with a focus on sustainable energy solutions	$44M	Eclat Health, Intersolar & 7 others	67/100
6th	Suniva 2007, Norcross (United States), Acquired	Manufacturer of solar PV modules	$224M	Warburg Pincus, New Enterprise Associates ... & 10 others	66/100
7th	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
8th	GREW 2022, Ahmedabad (India), Series A	Manufacturer of solar modules and provider of solar energy solutions	$3.46M	Chiripal Group, Vishal Fabrics & 3 others	64/100
9th	Saatvik Green Energy 2015, Gurugram (India), Public	Manufacturers of solar PV modules	-	-	64/100
10th	Tandem PV 2017, San Francisco (United States), Series A	Developer of a perovskite-based solar cell	$64.4M	Planetary Technologies, Incite & 13 others	63/100
13th	Silfab Solar 2010, Mississauga (Canada), Series D	Manufacturer of solar PV modules	$225M	Manulife, ARC Financial & 4 others	61/100