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Petra Solar Raises 14 Million

Around the State – Central JerseyGREEN BROOK Petra Solar announced last week that it raised $14 million in a Series A financing round led by DFJ Element and BlueRun Ventures. Green Brook-based Petra develops power-management systems for solar modules.

DFJ Element is a Radnor, Pa.-based venture capital company that focuses on the “clean technology” segment. BlueRun Ventures is an early stage venture capital fund that is based in Menlo Park, Calif.

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