21 million dollar funding for Sol Voltaics

NanoLund spin out Sol Voltaics secured 21 million US dollar in a funding round over the summer. The new finance will be used to accelerate commercialization of its highly anticipated solar efficiency boosting technology, SolFilm™ which promises to increase conventional solar panel efficiencies by up to 50%

“This latest round of finance gives us the critical capital required to commercialize our efficiency boosting technology for the solar market,” said Erik Smith, Sol Voltaics CEO. “Having achieved our final major technology milestone with Aerotaxy earlier this year, we are now fully focused on reaching mass production of SolFilm. I’d like to thank our investors, both existing and new, for backing our vision and helping bring this revolutionary technology to the mass market.”

Read the full press release on Sol Voltaics homepage (in English) or more on Rapudis home page (in Swedish).