Fundraising Fox

Solaires Enterprises Inc.

Founded 2020 Β· 18 employees on LinkedIn Β· 3 known investors

Solaires develops perovskite-based photovoltaic technology, including solar modules and cells that recycle indoor light to power battery-driven devices without charging cables or single-use batteries. The Canadian clean technology startup aims to extend its solar technology to power vehicles, homes, and other applications.

Also known as Solaires Β· Solaires Entreprises Inc.

Investors Β· 3

Also in the syndicate Β· 1

Cindicates

Company profile

researched Aug 2026

Solaires Enterprises Inc. (also written Solaires Entreprises Inc.) is a Canadian clean technology startup developing next-generation photovoltaic technology based on perovskite rather than silicon. Its stated product lines are perovskite photovoltaic modules (PVModules) that convert wasted indoor light into electricity for battery-powered electronic devices, removing the need for charging cables and single-use batteries, and a perovskite-based Solar Ink used to fabricate perovskite films with high energy conversion efficiency and stability. The company describes a longer-term ambition to apply sunlight-harvesting versions of the technology to trailers, vehicles, homes and other applications.

The company positions its manufacturing approach as more sustainable than conventional silicon photovoltaics, stating that producing its PVModules requires up to 75% less energy than producing conventional silicon and citing indoor-light conversion efficiency of up to 35%. Its Solar Ink is described as compatible with scalable deposition processes including blade coating and slot-die coating, air-processable in ambient conditions, with a shelf life of over four months and blade-coated devices reaching efficiencies of up to 17%.

Solaires publishes a leadership and technical team including CEO Dr. Sahar Sam, COO Fabian de La Fuente, CMO Sri Peruvemba, CFO Ida deHeer-Amissah and Technology Director Wenda Zheng, alongside product, R&D and lab operations staff. The company also sells products under published general terms and conditions of sale, including provisions for research-purposes-only products.

Founding story

Fabian de la Fuente is identified as CEO and co-founder at the time of the 2021 ink launch and pre-seed announcement; he is listed as COO on the company's current team page, with Dr. Sahar Sam listed as CEO.

Business model

Solaires develops and sells hardware and materials: perovskite photovoltaic modules for indoor light harvesting and a perovskite-based Solar Ink for perovskite film fabrication. Published sales terms and conditions govern purchase orders, delivery (CPT to the purchaser's ship-to address), invoicing and restrictions on resale, export and reverse engineering, with some products offered for research purposes only.

Product sales of perovskite solar ink and photovoltaic modules to purchasers under invoice-based purchase orders; proceeds of its pre-seed round were earmarked for materials and equipment to scale Solar Ink production and sales.

Traction

Launched a commercial perovskite photovoltaic ink in December 2021 and reported advanced discussions with prospective partners. Recognition includes selection as a Falling Walls Science Summit 2024 finalist in the Science Start-Ups category, UVic Tiny Summit Winner 2024, finalist for the EcoStar 2024 Innovation Awards, the Ally Energy GRIT Awards 2024 People's Choice Award for Best Energy Startup, 2024 Foresight 50 Honouree, and the VIATEC community awards 2025 Innovative Excellence – Hardware award.

Latest developments

The company's awards listing includes the 2025 VIATEC community award for Innovative Excellence – Hardware, alongside multiple 2024 recognitions including Falling Walls Science Summit finalist, UVic Tiny Summit winner, EcoStar Innovation Awards finalist, Ally Energy GRIT Awards People's Choice for Best Energy Startup and Foresight 50 Honouree.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

An early-stage entrant in the perovskite photovoltaics segment, competing in perovskite ink supply and indoor light-harvesting photovoltaics.

Perovskite inks generally available on the market are described as suited mainly to research and small-scale coating and as lacking the stability and shelf life needed for large-scale perovskite panel manufacturing; Solaires' ink is presented as offering a shelf life of over four months, ambient-air processing and higher conversion efficiency and stability to support upscaled production.

Technology

Perovskite semiconductor photovoltaics intended to replace silicon. The company's Solar Ink is an additive-stabilized perovskite ink processable in ambient air, compatible with blade coating and slot-die coating and other scalable deposition methods, with a shelf life stated at over four months and blade-coated device efficiencies up to 17%. Its indoor photovoltaic modules are stated to reach up to 35% efficiency under indoor light, and module production is said to require up to 75% less energy than conventional silicon production.

Go-to-market

Direct product sales under standard sales terms, supported by research partnerships, participation in innovation programs such as ventureLAB's portfolio, and visibility through startup awards and competitions. At the time of its ink launch the company said it was in advanced discussions with key partners for the product.

Manufacturers and developers of battery-driven electronic devices seeking indoor light power sources, and organizations fabricating perovskite solar cells and panels that require scalable, stable perovskite ink; some products are supplied for research use.

Geography

Canada-based; listed in the portfolio of ventureLAB, an Ontario-based innovation organization located in Markham, Ontario. Angel investor groups participating in its pre-seed round were based in British Columbia.

History

Solaires launched a commercial perovskite-based photovoltaic ink in December 2021 and simultaneously announced a pre-seed fundraising round. It has since expanded its product framing to include indoor-light photovoltaic modules and accumulated several Canadian and international startup awards in 2024 and 2025.

Compiled by commissioned research from 6 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Blade-coated device efficiencyDec 202117%
Energy required to produce PVModules vs conventional siliconJan 2025Up to 75% less
Indoor light conversion efficiencyJan 2025Up to 35%
Pre-money valuation (pre-seed round)Dec 2021$9M
Solar Ink shelf lifeDec 2021Over four months

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 8

launches, deals, and filings
Jan 2025
VIATEC Community Awards 2025 – Innovative Excellence, Hardware

source β†—

Jan 2024
Ally Energy GRIT Awards 2024 People's Choice Award for Best Energy Startup

source β†—

Jan 2024
Falling Walls Science Summit 2024 finalist, Science Start-Ups category

source β†—

Jan 2024
Finalist, EcoStar 2024 Awards, Innovation Awards category

source β†—

Jan 2024
Named a 2024 Foresight 50 Honouree

source β†—

Jan 2024
UVic Tiny Summit Winner 2024

source β†—

Dec 2021
Pre-seed round of USD 2.1 million announced

The company announced it was raising USD 2.1 million in pre-seed funding at a USD 9 million pre-money valuation, with British Columbia angel groups eFund and Cindicates participating. Proceeds were designated for materials and equipment to scale production and Solar Ink sales.

$2.1M source β†—

Dec 2021
Launch of commercial perovskite-based photovoltaic Solar Ink

Solaires launched a perovskite photovoltaic ink with a shelf life of over four months, ambient-air processing, compatibility with blade and slot-die coating, and blade-coated device efficiencies up to 17%.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Solaires Enterprises Inc. do?
Canadian cleantech startup developing perovskite-based solar ink and photovoltaic modules that harvest indoor light.
Who are Solaires Enterprises Inc.'s investors?
Solaires Enterprises Inc.'s investors include Foresight, WUTIF Capital.