Perovskia Solar has raised $2.4 million in a seed funding round from a consortium of investors
These include Empa, Venture Kick and Jonny Suter, Kickfund, D&FG Elements, and a global coalition of angels led by Nils Hagander and Beda Rohner
It claims these designer cells can eliminate or extend batteries with the help of solar energy
Switzerland-based cleantech start-up Perovskia Solar, which makes custom-designed solar cells for Internet of Things (IoT) and consumer electronic devices, has landed a seed funding of $2.4 million from a global coalition of angel and early-stage funds. It has also secured 10 IoT industry leaders as clients.
A spin-off from the Swiss Federal Laboratories for Materials Science and Technology (Empa), Perovskia says its perovskite solar cells can be used on any device, in any size, including for tracking and sensors, watches, among others.
These ‘Swiss Made’ cells can work in both low light conditions as well as sunlight. At 1,000 lux, these cells can produce more than 80uW/cm² of power output, claims the company.
Perovskia has also launched its 1st ready-to-adopt perovskite solar cells on the global market for edge devices that harvest energy at ‘disruptive costs’, produced at its Swiss factory in Aubonne. In January 2024, the factory opened with an annual capacity to produce 1 million custom-designed perovskite devices, with the company announcing more than 15 clients in IoT, medical technology and consumer electronics.
Founder and CEO of Perovksia Solar Anand Verma said, “Energy harvesting for IoT devices is a rapidly growing market with multi-billion dollar potential. Our easy-to-adopt designer solar cells eliminate or extend batteries, unlocking the potential to enable solar power on every device.”
The seed funding contributors are Empa, Venture Kick and Jonny Suter, Kickfund, D&FG Elements, and a global coalition of angels led by Nils Hagander and Beda Rohner.