Cleantech | San Carlos, Ca.
Swift Solar Secures Over $8M in Seed Funding to Disrupt Solar PV Industry with Metal Halide Perovskite Solar Panels
Swift Solar, developing PV panels with metal halide perovskites projected to outperform today's PV technologies, secured over $8 million in Seed 2 funding, and is expected to close on another $1.5 million totaling $9.6 million. GitLab CEO Sid Sijbrandij led the round along with cryptocurrency expert James Fickel. Good Growth Capital, Safar Partners, Climate Capital, also participated with many other investors. Funding will be used for R&D expansion and team growth. The net result will be a far more efficient, easier to install and less expensive solar PV panel. [Full Story]