Thursday, April 1, 2010

Amonix Hits $104.4M In Funding Efforts

Torrance-based Amonix, a developer of concentrated photovoltaic power generation systems for the utility industry, has hit $104.4M in an equity fundraising effort, according to a regulatory filing by the firm this week. The filing indicates that the firm is raising $136.6M, in a continuation of a round that was kicked off in November of 2009. No details of the funding have been announced by the firm, which is backed by private equity firm MissionPoint Capital Partners. MissionPoint is the investment firm founded by Mark Schwartz, former President and Chief Executive Officer of Soros Fund Management and former Chairman of Goldman Sachs (Asia); Jesse M. Fink, co-founder and former Chief Operating Officer of priceline.com; and Mark J. Cirilli, former Chief Investment Officer of Marshall Street Management. More information »