Soladigm, a US-based tinted window maker formerly known as Echromics, has raised $55m in its series D round to take its total raised to $125m.
Reinet Investments, a Luxembourg-listed investment vehicle formed in 2008 out of luxury goods maker Reinet, and venture capital (VC) firm NanoDimension (the first deal from its second fund) co-led the D round.
They were joined by US-listed industrial conglomerate General Electric (GE) and VC firms DBL Investors, Khosla Ventures, Navitas Capital, Sigma Partners and Westly Group. Reinet’s Weston Quasha and NanoDimension chief executive’s Aymeric Sallin will join Soladigm’s board.
In February last year, Soladigm added a further $10m to its series C round that initially closed at $30m in December 2010 after being identified by GE’s clean-tech open innovation competition, Ecomagination.