Monday, June 16, 2008

VentureLab company Suniva to build first plant in Norcross

VenutreLab company, and current ATDC resident Suniva has announced plans for a 60,000 square foot manufacturing facility in Norcross, just north of Atlanta. Suniva will be building the some of the world's most efficient solar cells. This is a big win for Suniva, for the State of Georgia and for Gwinnett County. This is such a big deal that it was announced at the State Capital by Governor Sonny Perdue.

Suniva was founded by Dr. Ajeet Rohatgi of the School of Electrical and Computer Engineering. Dr. Rohtagi is also the founding director of the University Center of Excellence for Photovoltaics.

Suniva has also recently raised over $50M in venture capital led by New Enterprise Associates. Suniva is putting together a stellar management team, which includes former VentureLab Associate Director Jon Goldman.

We are very proud of the achievements of Suniva and see them as a terrific example of how the VentureLab process can lead to commercialization success.

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