Solarstic, a Korean eco-energy tech startup developing lightweight solar modules for vehicles and buildings, announced on the 10th that it has successfully secured seed funding. The investment round was led by FIND-US, with participation from the Samsung Fire & Marine Insurance–Infobank Value-Up Venture Fund and global VC firm 500 Global.

Founded through Hyundai Motor Company’s in-house startup accelerator program ZERO1NE Company Builder, Solarstic was spun off as an independent legal entity in March 2025. The company is currently focused on two core products: VIPV (Vehicle Integrated Photovoltaics), lightweight solar modules that can be integrated into vehicle exteriors, and BAPV (Building Applied Photovoltaics), a system that can be installed on aging industrial rooftops without drilling.

Solarstic is targeting new markets where conventional tempered-glass modules are difficult to apply, such as vehicle exteriors and old factory rooftops, by leveraging its proprietary low-pressure insert molding packaging and solar cell protection layer technologies.

With this new funding, Solarstic plans to advance the performance and certification of its VIPV components, begin mass production and pilot installations of the BAPV system, and conduct further R&D to improve material durability and reduce weight.

Soobin Hwang, Director at FIND-US who led the investment, commented, “Solarstic has structural technologies capable of addressing real-world customer needs in both the vehicle and industrial sectors. We see strong platform-level scalability that can serve both the future mobility market and RE100 industrial demand.”

Jongchul Kim, Deputy CEO of Infobank, said, “Solarstic’s lightweight solar module technology, based on low-pressure insert molding, overcomes the limitations of traditional glass-based modules and shows great promise in new markets like vehicle exteriors and aging factory rooftops. As a spin-off from Hyundai with proven technical capabilities and a completed PoC, Solarstic has earned a high level of trust for an early-stage company. With increasing demand for VIPV and the spread of RE100, we believe BAPV will grow rapidly, and Solarstic is well positioned to lead with strong scalability and first-mover advantage.”

Eunhye Shin, Principal at 500 Global, noted, “Solarstic has both the technical depth and manufacturing strength to meet rising industrial demand for lightweight solar modules amid global RE100 and supply chain reshoring trends. Their structural approach—combining solar technology with Korea’s strong base in plastic injection molding—offers a competitive solution for both domestic and global markets.”

Sunggeun Park, CEO of Solarstic, shared the background behind the company’s founding: “During my 13 years at Hyundai researching solar car technology, the biggest challenges were weight reduction and scalability. After countless attempts, I found potential in polymer-based lightweight packaging technology, and through Hyundai’s in-house venture system, we were able to focus intensively on the technology for a year and successfully bring it to market.”

He added, “Once I realized that our automotive technology could extend to the building sector, starting a company became an exciting opportunity rather than a challenge. Solarstic’s technology provides a practical solution for old industrial rooftops where traditional solar modules were difficult to apply due to weight and installation limitations. With this funding, we aim to accelerate the energy transition in industrial settings and establish a new global standard for lightweight solar modules.”