Yvette Go, investment manager at SET, said: "With MicroShade, PhotoSolar has a great product in hand."
PhotoSolar, a Denmark-based producer of shades to protect solar panels from unnecessary heat, has raised DKr27m ($5m) from a consortium including Netherlands-based SET Venture Partners, an independent firm with local utility Delta as a limited partner.
Danish investment bank Vækstfonden, The Danish Technological Institute and Syddansk Teknologisk Udvikling also invested.
Yvette Go, investment manager at SET, said: "With MicroShade, PhotoSolar has a great product in hand."
