Eight19, a UK-based developer of solar panels, as attracted £1m ($1.6m) from commercialisation investor IP Group and existing investors.
The Cambridge University spin-out is developing low cost, flexible, and lightweight solar panels which can be produced in high volumes. The funding will help Eight19 bring its organic photovoltaics (OPV) technology closer to market, where it expects to find a niche in providing affordable power solutions to off grid consumer and industrial clients.
Existing backers include research and development firm Solvay…
