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Konarka Technologies Inc. has raised $23.8 million in a Series G round of funding as well as a warrant sale, according to regulatory filings.
The Lowell-based developer of plastic photovoltaic materials told the U.S. Securities and Exchange Commission in a filing Friday that the sale was a mix of equity and warrants for preferred and common stock with an exercise price of $3.8 million. It is not clear which firms invested in this latest round; current investors include 3i, Chevron Technology Ventures, Draper Fisher Jurvetson, Good Energies, Mackenzie Investments, the Massachusetts Green Energy Fund, New Enterprise Associates, Partech International, Total S.A. and Vanguard Ventures.
Konarka officials were not immediately available for comment.
Konarka maintains a production facility in New Bedford — the firm’s largest commercial-scale production scale facility for its thin-film solar material — in a 250,000 square-foot building, where annual production rates can reach 10 million square meters of material per year.
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