Diligence memo · auto-generated · as of July 2, 2026
Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. has raised $154M over 21 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Ascent Solar Technologies, Inc. operates in Climate / Cleantech, based in THORNTON.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ascent Solar Technologies, Inc. has raised $154M in disclosed capital across 21 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $32M on 2015-07-01.
Most recent recorded round closed around 2026-01-23.
Valuation (modeled)modeled
Provath models Ascent Solar Technologies, Inc. at approximately $40M (range $23M–$53M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 5 mo ago; this sector typically re-raises about every 9 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 5.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 90% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 68% of those peers.
Closest niche peers: Wetility, Gaussion, Soteria Battery Innovation Group Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.