IP Group has participated in a $1.7m funding round for Eight19, a solar panel technology spinout of the Cambridge-backed Advanced Photovoltaic Research Accelerator.
Eight19, a University of Cambridge spinout that develops organic solar panel technology, has raised £1.3m ($1.7m) from investors including commercialisation firm IP Group.
Lucros Investment, Clarium and Providence have also taken part in the round.
Eight19 was spun out of the Advanced Photovoltaic Research Accelerator in 2010, a joint venture between energy consultancy Carbon Trust and Cambridge Enterprise, University of Cambridge’s tech transfer office.
The spinout develops solar cells using thin film organic photovoltaic technology, which promise lightweight, lower-cost and…
