Skip to main content
Caplight Logo









SunDrive

SunDrive

Private
SydneyEnergy & Sustainabilityhttps://sundrivesolar.com

Last Round

Grant

Nov 11, 2025

Total Funding Raised

$46.38M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

SunDrive operates in Energy & Sustainability and is based in Sydney. Its latest recorded funding round was a Grant round in November 2025.

SunDrive is a solar technology company that develops and manufactures high-efficiency solar cells by replacing silver with copper to reduce costs and improve sustainability.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Clean Manufacturing, Advanced Materials

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Data as a Service

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

Book a demo

For institutional investors. Book with your work email.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

Book a demo

For institutional investors. Book with your work email.

SunDrive Comparables

Compare SunDrive with similar companies based on industry and business-model similarity.

SunDrive comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
GraphEnergyTech
81%
Heraeus Holding
70%
MKS Inc.
69%
Book a demo to see all comparables

For institutional investors. Book with your work email.

SunDrive Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantNov 11, 2025
GrantNov 1, 2023
Series AOct 13, 2022
Series AOct 27, 2020
GrantOct 5, 2020
Book a demo to see all funding rounds

For institutional investors. Book with your work email.

Key People

Founding team and executive leadership

Natalie Malligan

Chief Executive Officer

Executive Team

Sam Coughlin

Chief Operating Officer

Executive Team

For institutional investors. Book with your work email.

SunDrive Investors

Notable investors and investment history

SunDrive investors
InvestorRounds
Grok VenturesSeries A
Macdoch VenturesSeries A
Main Sequence VenturesSeries A
Australian Renewable Energy AgencySeries A, Grant
Virescent VenturesSeries A
Clean Energy Finance CorporationSeries A
Blackbird VenturesSeries A, Seed
Book a demo to see all 8 investors

For institutional investors. Book with your work email.

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors grew 132% MoM, reaching 2.6K.

  • Jan 1, 2026

    Launched the world's first fully automated copper-plating line.

Book a demo to see all signals

For institutional investors. Book with your work email.

Recent news

Latest coverage and updates

  • is_developingNov 10, 2026

    SunDrive starts a research and development collaboration with Space Machines Company to design, build, and test solar panels for spacecraft, with the first phase running through Apr '27 and including environmental testing.

  • is_developingNov 9, 2026

    Under a research and development collaboration, SunDrive plans to produce a body-mounted solar panel for SMC’s Optimus Viper spacecraft, with the panel undergoing thermal-vacuum and vibration testing to generate data toward a flight-ready solar array.

  • is_developingNov 9, 2026

    SunDrive is developing copper-based heterojunction (HJT) solar cell technology with Space Machines Company to produce a body-mounted solar panel for the Optimus Viper spacecraft in Australia on Nov 10th '26.

  • is_developingNov 9, 2026

    SunDrive develops Australian-made solar arrays for spacecraft with Space Machines Company in Australia, targeting a body-mounted panel for the Optimus Viper spacecraft through cell selection, module design, lamination, and electrical characterisation.

Book a demo to see all news

For institutional investors. Book with your work email.

SunDrive Filings

Explore SEC and related filing metadata, where available.

SunDrive filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Book a demo

For institutional investors. Book with your work email.

Frequently Asked Questions

Common questions about SunDrive's valuation, stock price, and market status.

Is SunDrive a public or private company?

SunDrive is a private company.

What is the current stock price of SunDrive?

SunDrive is a private company, so its shares have no public market price. Caplight tracks SunDrive's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is SunDrive worth (valuation)?

Valuation information for SunDrive is not publicly available.

Can I buy SunDrive stock?

SunDrive shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was SunDrive's last funding round?

SunDrive's most recent funding round was Grant on November 11, 2025.

Who are the main investors in SunDrive?

Key investors in SunDrive include Grok Ventures, Main Sequence Ventures, Australian Renewable Energy Agency, Clean Energy Finance Corporation, Blackbird Ventures.

Will SunDrive IPO soon?

No public IPO plans have been announced for SunDrive.

How can I track SunDrive secondary market activity?

Caplight tracks bids, offers, and trades in SunDrive's shares on secondary markets.

Firmographic Details

HeadquartersSydney
Employee Range55
Year Founded2015
Last FundingNov 11, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Book a demo

For institutional investors. Book with your work email.

See something wrong or outdated?