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SunPower Inc. Secures $2 Million Investment via SAFE Agreement

PRIVATEAug 24, 2026

Amount Raised

$2 Million

Round Type

Convertible Note

OremEnergyNatural ResourcesRenewable EnergySolar

Investors

Rodgers Massey Revocable Living Trust

Description

On August 24, 2026, SunPower Inc. entered into a simple agreement for future equity (SAFE) with the Rodgers Massey Revocable Living Trust. This agreement involves a significant investment of $2,000,000, aimed at securing future equity in the company. The Purchaser is affiliated with the company's CEO, Thurman J

Quick answer

SunPower raised $2 Million in a Convertible Note round, dated August 28, 2026. Investors: Rodgers Massey Revocable Living Trust. SunPower is based in Orem, Utah, United States.

How much did SunPower raise?
SunPower raised $2 Million in a Convertible Note round on August 28, 2026.
Who invested in SunPower?
Rodgers Massey Revocable Living Trust is named as investors in this round.
What does SunPower do?
Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America.
Where is SunPower based and how big is it?
SunPower is based in Orem, Utah, United States. Fundz records about 501 employees.
Who are the decision-makers at SunPower?
Fundz holds 5 contacts at SunPower, including the Chief Legal Officer and General Counsel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Natural Resources around the same time

Companies in the same sectors as SunPower that raised within 45 days of this round, from Fundz verified event records.

  • energyRe raised $815M on October 12, 2026.
  • Outer Spaces raised $8M (Pre-Seed) on October 6, 2026.
  • Orb Energy raised $2M on October 3, 2026.
  • T1 Energy raised $50M (Convertible Note) on October 2, 2026.
  • NOX Energy raised $3.4M (Seed) on September 30, 2026.
  • ERCO raised $33M on September 26, 2026.

Who to call at SunPower, and when

A new round usually means SunPower is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SunPower raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SunPower, from your own LinkedIn network

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Company Information

Company

SunPower

Location

Orem, Utah, United States

About

Headquartered in California's Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.

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Related People

5 contacts
Verified contactsNicolas W., Chief Legal Officer and General Counsel hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for SunPower's next move

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SunPower raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.