Delft University of Technology-backed venture fund Icos Capital supplies capital to solar technology developer Exasun.
Icos Capital, a cleantech-focused venture fund backed by Delft University of Technology, has invested in Netherlands-based photovoltaic panel creator Exasun.
Financial details have not been revealed.
Founded in 2012, Exasun has created technology to produce integrated solar panels. Dubbed Black Glass, the technology means panels are frameless and offer more durability than current products.
The funding from the round will be used to scale up production of the panels and accelerate company growth.
The company won solar energy commercial platform manager Solar Solutions’ Innovation Award in 2015.