Newly secured clients and funding to step up Perovskia

30.09.2024

Perovskia Solar AG, a spin-off from the Swiss Federal Laboratories for Materials Science and Technology (Empa), has secured 10+ Internet-of-Things (IoT) industry leaders as clients and $2.4M in funding from a global coalition of angels and early-stage funds. The award-winning startup has launched the first ready-to-adopt perovskite solar cells on the market for edge devices, scaling up its Swiss manufacturing capacity.

By securing more than 10 early adopter customers and seed funding, Swiss cleantech startup Perovskia is well on the way to realizing its ambitious vision of integrating a solar cell into every device, to deliver a superior user experience while tackling global environmental challenges.

“Energy harvesting for IoT devices is a rapidly growing market with multi-billion-dollar potential,” said Anand Verma, Founder and CEO. “Our easy-to-adopt designer solar cells eliminate or extend batteries, unlocking the potential to enable solar power on every device.”

“Our energy harvesting technology has been crafted at Empa over six years, enabling us to jumpstart Perovskia with a finished product that powers next-generation devices for industrial and consumer adoption,” added Tobias Meyer, Founder and CTO.

“Given our progress in the last year, Perovskia offers a robust investment case with a compelling vision, a superlative product, and a capital-efficient path to profitable scale,” said Sandeep Raju, Incubation Lead and Board Member. “Alongside Empa, Venture Kick, and Jonny Suter as our early believers, we warmly welcome Kickfund, DFG Elements, and our global coalition of angels led by Nils Hagander and Beda Rohner.”

“I am excited to join the board of Perovskia to help scale up the business and realise the full potential of the founders’ groundbreaking inventions,” said Nils Hagander, entrepreneur and investor in technology and professional services ventures. “With a market-leading product, Perovskia is well positioned to catalyze the next generation of consumer and industrial IoT devices.”

Based in the Canton de Vaud, Perovskia brings together top-end aesthetics and energy harvesting at disruptive costs, offering the first ready-to-adopt perovskite cells on the global market for edge devices.

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