Eight19, the UK-based solar cell developer backed by Rhodia, has launched a £5m ($8m) round, the company said in January.
Eight19 previously received £4.5M of funding in September 2010 from the Carbon Trust and Rhodia, as well as Cambridge Enterprise, the University of Cambridge’s commercialisation office. The new round is expected to be funded by existing and new investors.
In January, Eight19 also commissioned Europe’s largest printed solar development facility at its headquarters in Cambridge UK.
Eight19, so called as it takes 8 minutes and 19 seconds for light to travel from the sun to the earth, has been created in partnership with professors Sir Richard Friend and Henning Sirringhaus, who together developed Plastic Logic, and professor Neil Greenham of Cambridge’s Cavendish Laboratory and technology development company TTP.