About UsSolexant was founded in 2006 by Dr. Damoder Reddy along with scientific founders and scientific advisory board members Prof. Paul Alivisatos of U.C. Berkeley, Prof. Paras Prasad of SUNY Buffalo and Prof. Sue Carter of U.C. Santa Cruz.
ManagementBrad Mattson, Chief Executive Officer
Brad Mattson is a renowned entrepreneur from the semiconductor industry. Starting at Applied Materials, he later founded and scaled both Novellus and Mattson Technology, to date the only founder of two publicly traded semiconductor equipment firms. Most recently, Mr. Mattson was a Partner at Vantage Point Venture Partners working in the Cleantech area, leading the solar sector, but also focusing on lighting, transport and scaling. Mr. Mattson holds 12 patents in semiconductor technology, and in 2005 he was listed as one of the top 50 most influential people in the Semiconductor Industry. He has received the Entrepreneur of the Year Award in 1998 from Ernst & Young,, the Distinguished Alumni Award from San Jose State University in 1999, the Founders Award for Innovation and Entrepreneurship from Santa Clara University in 2008. Mr. Mattson brings not only the management experience of taking start-up companies to scale and IPO, but adds the capability of world class equipment expertise to the world-class materials expertise of the founders.
Dr. Les Fritzemeier Executive Vice President
Dr. Les Fritzemeier has over 25 years of technical and senior management experience in both Fortune 100 and start up companies. Prior to joining Solexant, Les was Chief Executive Officer of Wakonda Technologies, Inc. Dr. Fritzemeier started his career at Rockwell International, then directed product development efforts at American Superconductor Corporation and led the business development functions at Infotonics Technology Center. Dr. Fritzemeier was the National Renewable Energy Laboratory 2007 Clean Tech Entrepreneur of the Year, received the 1995 Rockwell International Chairman’s Award for significant contribution to team-based accomplishments in winning $60 million system design contract award, and was honored as the 1989 Rockwell Engineer of the Year for leadership in the development of strategic materials to enable advanced space propulsion systems. Les holds 23 U.S. Patents. Les received his Doctor of Engineering Science degree from Columbia University, and Master of Business Administration degree from California Lutheran University.
Charlie Hotz, Vice President of Research & Development
Charlie Hotz has extensive experience in developing commercial products based on semiconducting nanocrystal technology. Prior to joining Solexant, he was Vice President of Research and Development at Quantum Dot Corporation, where he was responsible for development of the quantum dot nanocrystal technology and the commercial release of the line of Qdot Conjugate labeling reagents from the company's inception in 1999 until the company was sold in 2006. Prior to his employment at Quantum Dot Corporation, Dr. Hotz was involved in the development of advanced materials at Hewlett-Packard, Applied Biosystems, and Dow Chemical. Dr. Hotz holds a Ph.D. in organic chemistry from The University of Michigan.Craig Leidholm, Vice President of Engineering
Craig Leidholm has over 18 years of experience in the field of thin-film photovoltaics. He received his B.S. in Electrical Engineering and M.S. in Material Science from the University of Southern California in Los Angeles. Mr. Leidholm spent the first 11 years at International Solar Electric Technology (ISET) developing novel thin-film solar cell technologies including high-efficiency nanoparticle-based solar cells as well as flexible substrate architecture cells and modules. Most recently as Director of R&D at Nanosolar, Inc., Craig was responsible for defining and establishing the nanoparticle-based thin-film CIGS PV technology as the foundation for NanosolarÂs low-cost, high-throughput roll-to-roll production process. Mr. Leidholm has two issued patents and fourteen pending patents in the area of thin-film PV.
Dan Fleming, Vice President of Finance
Dan Fleming serves as the company’s Vice President of Finance, where he is responsible for the company’s Finance, Accounting and Administration functions along with Corporate Business Development. He has over 20 years of financial leadership experience in the Semiconductor and Solar industries, most recently at SunPower Corporation. Prior to Sunpower, Fleming served as a Finance Director at Marvell Semiconductor during a seven-year period in which annual revenue grew from under $100 million to over $2 billion.. Prior to Marvell Semiconductor, he held financial management positions at Xilinx and Prism Solutions. Fleming received a B.S. in Electrical Engineering from the Pennsylvania State University and an MBA in Finance from Indiana University.
Board of Directors
Donald Dixon, Solexant Chairman & Managing Director, Trident Capital
Don Dixon is a co-founder of Trident Capital and has been a Managing Director since 1993. From 1988 to 1993, Don was Co-President of Partech International, a venture capital firm associated with Banque Paribas. From 1983 to 1988, he was a Managing Director of Alex. Brown & Sons. Earlier in his career, Don was a Vice President of Morgan Stanley & Co. and a Senior Account Officer at Citibank, N.A. Don's current directorships include Advanced Payment Solutions, Clarus Systems, KSR, Inc., Merchant e-Solutions, Qualys, Royalty Share, Inc., Solexant, Syndero and Transware. In addition, Don serves on the investment committee for Mustang Ventures. Earlier, he served as a director of the following companies: Affiliated Computer Services, Inc. (ACS), Anaszi Inc., BankAmerica Merchant Services, Inc. (BPI), BlueStar Solutions, CSG Systems International, Inc (CSGS), Epicor Software Corporation (EPIC), EMIC Networks, Evolving Systems, Inc. (EVOL), InfoUSA.com, Inc., a subsidiary of InfoUSA, Inc. (IUSA), Pegasus Solutions, Inc. (PEGS) and Unison Software, Inc. (UNSN). Don earned his B.S.E. from Princeton University and his M.B.A. from Stanford Graduate School of Business. Don is Co-Chairman of the Advisory Council of the Princeton University School of Engineering and Applied Sciences.
Brad Mattson, (see above)
Dr. Kang Sun, CEO, Amprius Inc.
Dr. Kang Sun is currently the chief executive officer of Amprius Inc., a high energy density lithium ion battery developer. Kang has over 20 years business creation and management experience in various industries. He has led business at Fortune 500 companies as well as startup ventures. Kang's primary focus in recent years has been cleantech ventures. He was a President and Chief Operating Officer at JA Solar Ltd - a leading solar product manufacturer in China (IPO on NASDAQ in 2007), a founder and Chief Executive Officer of RayTracker - an advanced solar tracking system business (acquired by First Solar), and a founding member and Chief Strategic Officer and Managing Director of cleantech business at Applied Materials. Kang has also served as President of Index Technologies Inc., Vice President of Honeywell, Vice President and General Manager of AlliedSignal, Vice President of Oce Group. Kang Sun received Ph.D. degree in Materials Science from Brown University and B.S. degree in Macromolecular Science from Nanjing University, China
Paul Alivisatos, Professor at U.C. Berkeley
Paul Alivisatos is Professor of Chemistry and Materials Science, and the Larry and Diane Block Professor of Nanotechnology at the University of California, Berkeley. He received Bachelor's degree from the University of Chicago in 1981, and a Ph.D. in Physical Chemistry under the supervision of Charles Harris from the University of California, Berkeley in 1986. He was a postdoctoral fellow with Louis Brus at AT&T bell Labs. He has received the Alfred P. Sloan Foundation fellowship, the ACS Exxon Solid State Chemistry Fellowship, the Coblentz Award, the Wilson Prize at Harvard, the Materials Research Society Outstanding Young Investigator Award, the ACS Award in Colloid and Surface Chemistry (2004), the Rank Prize (2006), and the University of Chicago Distinguished Alumni Award (2006). He is a Fellow of both the American Physical Society and the American Association for the Advancement of Science. In 2004, he was elected into the National Academy of Sciences and the American Academy of Arts and Sciences. He is the Editor of the American Chemical Society Journal and Nano Letters. He is a senior member of the technical staff at the Lawrence Berkeley National Laboratory, where he has been appointed Associate Laboratory Director for Physical Sciences and where he also serves as Director of the Materials Sciences Division.
Damoder Reddy, Founder and Board Member
Damoder Reddy is a serial entrepreneur with over 20 years of experience in developing products and business based on novel materials and has extensive expertise in developing high volume printing processes on flexible substrates. Before founding Solexant in 2006, he founded Nuelight in mid 2003 to develop mixed signal ICs for organic light emitting diode (OLED) displays. Prior to founding Nuelight, he served as COO of Opsys Ltd., an Oxford University spin off developing novel OLED devices. He also served as COO of Lite Array, a China based thin film display manufacturer. . He received Ph.D. in Physical Chemistry from Osmania University (India) and conducted postdoctoral research at University of Denver and Princeton University.
Rami Elkhatib, General Partner, Acero Capital, L.P.
Rami founded Acero Capital in late 2009, and focuses on investments in both IT and Clean Energy. He currently serves on the board of enterprise mobile company Bitzer Mobile and on the boards of solar energy companies Solexant and Banyan Energy. Prior to Acero, Rami was General Partner at Southeast Technology Funds where he focused on IT infrastructure and software investments, and served on the boards of several investments including Pixel Magic (acquired by Dai Nippon), Waveguide Solutions, Elumens Corporation and Arsenal Digital (acquired by IBM).
Prior to venture capital, Rami held multiple roles in tech and finance- he co-founded Datacme Software, held multiple senior management roles at Oneworld Software Solutions, and worked as a technology investment banker at UBS Warburg where he led the execution of several public offerings and M&A deals that in aggregate raised over $800M for high tech companies. Before that, Rami had started his career as a software engineer, developing large-scale software applications (Design Automation Systems; Decision Support Systems) for Global Fortune 20 companies (Toyota, Procter & Gamble).
Rami is a graduate of M.I.T. where he earned an MBA in finance and was named the Henry du Pont III Scholar, and a graduate of Purdue University where he earned a B.S. in Computer and Electrical Engineering. Before going on leave from Stanford University, Rami was also pursuing his M.S. in Materials Science and Engineering at Stanford, where he was a member of Stanford's Honors Coop Program. While at Stanford, Rami's research included investigation of new materials for fuel cell membranes, solar thin film deposition and catalysts for bio-refining of renewable chemicals. At Stanford Rami also contributed to writing the 2nd edition of the leading textbook on fuel cells (Fuel Cell Fundamentals).
Cynthia Ringo, Managing Partner, DBL InvestorsCynthia is a Managing Partner of DBL Investors, an investment firm focused on delivering strong financial returns together with positive social, environmental, and economic impact, which she joined in April 2008. She currently is a board observer for LiveScribe and a board member for Solexant. She was formerly a Managing Director of VantagePoint Venture Partners from 2002 to 2008 where she was Group Leader of the Communications, Systems, Internet and Media Practice. Prior to VantagePoint, Cynthia served as the CEO of Coppercom, a next-generation telecom equipment company. Cynthia served on the board of the Forum for Women Entrepreneurs (FWE) from 2000 to 2004, and as Chair of the Board for 2001 through 2003. Winner of 2000 FWE's Entrepreneur of the year Award. Advisor to Astia and SD Forum. Cynthia received a BS from Georgia State University and a JD from Emory University School of Law.
Michael Borrus, General Partner, X/Seed Capital is a Board Observer
Michael Borrus is the founding general partner of X/Seed Capital, a seed-focused early stage venture fund focused on breakthrough innovation. Prior to founding X/Seed, he was an Executive in Residence (EIR) at Mohr Davidow Ventures (MDV) in Silicon Valley. Prior to joining MDV, he was Managing Director of The Petkevich Group (TPG), a merchant bank providing financial advisory services and investment capital to growth companies in life sciences and technology. He led the technology banking group at Petkevich & Partners, TPGÂs broker-dealer subsidiary, executing a variety of financial transactions from M&A and capital raising to spinouts and bankruptcy reorganization. Before TPG, Michael was Adjunct Professor in UC Berkeley's College of Engineering, Co-founder and Co-Director of the Berkeley Roundtable on the International Economy (BRIE) at the University of California, Berkeley, and a partner in Industry and Trade Strategies, a business consultancy. Much of his academic and consulting work has focused on how business models need to adjust to successfully commercialize new technologies, to exploit new market opportunities or to adapt to new competitors. He is the author of three books and over 70 chapters, articles and monographs on a variety of topics including management of technology, high technology competition, international trade and investment, and financial strategies for technology companies. He is a frequent speaker before corporate and public audiences, and has appeared in numerous media outlets from CNN and NPR to Business Week and the New York Times. Michael is an honors graduate of Harvard Law School, the University of California, Berkeley and Princeton University. He is a member of the California State Bar.
Martin Lagod, Managing Director, Firelake Capital is a Board Observer
Martin Lagod is a managing director and co-founder of Firelake Capital Management LLC. Mr. Lagod is responsible for private company investments. He serves as a member of the board of Miasole, Plextronics, Nano-Tex, and HydroPoint Data Systems. He is an observer on the boards of Pionetics, Sensicore, Solicore, Liquidia, and Nanostellar, all Firelake portfolio companies. From 1997 to 2001, Mr. Lagod worked in the energy technology sector. He was the co-founder and CEO of Solo Energy Corporation, a start up energy technology company that developed microturbine and clean combustion reciprocating engines for the distributed power market. For the previous 19 years, Mr. Lagod was an intellectual property attorney based in Silicon Valley. He was a partner in the Palo Alto office of Phoenix-based Brown and Bain until 1995 and at Cooley Godward LLP in Palo Alto from 1995 to 2001. Mr. Lagod holds a B.A. in Economics (with Honors) from the University of North Carolina (Chapel Hill) and a J.D. from Vanderbilt University. He serves on the Advisory Board for the Center for Sustainable Enterprise at the Kenan Flagler Business School at the University of North Carolina, Chapel Hill.
Ned Renzi, Managing Director, Birchmere Venture Capital is a Board Observer
Ned Renzi joined Birchmere in 2000 and is primarily responsible for cleantech investments. He focuses on engineering driven innovations that create a more sustainable planet and improve the human condition. He is a director of Cvent, Inspired Technologies, and Plextronics and a board observer at Solexant. Ned also led Birchmere's investment in MiaSole. Ned has over 20 years experience in founding, managing, and investing in high technology companies. Ned was previously a senior manager at Concurrent Technologies Corporation, a $250 million high technology research organization, where he developed CTC's telemedicine business and was also responsible for electronic commerce, high speed networking, and virtual reality projects. Ned was also a Senior Manager in the U.S. Department of Defense Special Projects group where he was responsible for wireless communications, custom software projects, robotics, and various sensor technologies. Ned is also a co-founder of eLoop, a Basel Action Network certified e-steward that responsibly disposes of electronics waste. Ned is a founding Charter Member of TiE/Pittsburgh (an international entrepreneurial support group) and is a member of Allegheny County's Green Action Team. He holds a B.S. in Electrical Engineering from The Pennsylvania State University, an MBA from the University of Pittsburgh, and a Masters Degree in Engineering Management from George Washington University.
Scientific Advisory Board
Prof. Paul Alivisatos of U.C. Berkeley
Dr. Alivisatos is Professor of Chemistry and Materials Science and Professor of Nanotechnology at U.C. Berkeley and is a member of the National Academy of Sciences. Dr. Alivisatos is one of the world's preeminent researchers and innovators in nanotechnology and solar energy.
Prof. Paras Prasad of SUNY Buffalo
Dr. Paras Prasad is a Distinguished Professor of Chemistry, Physics, Electrical Engineering, and Medicine at University of Buffalo. Dr. Prasad is a renowned researcher in the field of nanomaterials, photonics and nanobiotics.
Prof. Sue Carter of U.C. Santa Cruz
Dr. Sue Carter is a Professor of Physics at University of California Santa Cruz. Dr. Carter is a leading researcher in the organic photovoltaics, organic light emitting diodes and inorganic-organic hybrid devices.
Birchmere Ventures is an early-stage venture capital firm founded in 1996 with a focus on IP-differentiated companies to create Engineering Driven Innovation. With over $160 million under management, Birchmere is a lead investor in early-stage Cleantech, Medical, and Technology companies.
DBL Investors, 2008 spin-out of the Bay Area Equity Fund from JPMorgan. DBL's investment approach combines top-tier financial returns with meaningful social, economic and environmental improvement in the regions in which it invests.
Firelake Capital is a "hybrid" investment fund, driven by proprietary fundamental research in three areas where technology can significantly disrupt the economics of the current market -- information technology, energy technology and material science.
Medley invests primarily in private equity funds, including buyout, growth equity, venture capital, real estate and distressed in the United States, Europe and Asia.
Olympus Capital Partners
Olympus Capital Partners is a new late-stage venture capital and growth equity firm that applies unconventional wisdom in seeking theme-based clean energy and IT investment opportunities that are capital-efficient and whose management teams are grounded and resourceful.
Trident Capital is a venture capital and private equity firm founded in 1993 by industry veterans. Since then, the firm has grown to more than 20 investment professionals with $1.5 billion under management invested in more than 150 companies.
X/Seed Capital Management
XSeed Capital is an independent, seed-focused, venture fund providing de-novo start-up capital for entrepreneurs pursuing breakthrough innovation.