Delft University of Technology spin-out Eternal Sun secures $2.5m series A for solar simulator technology.
Eternal Sun, a spin-out of Delft University of Technology, has closed its series A worth €2m ($2.5m) from investment firm Vermec.
The Netherlands-based firm is developing solar simulation systems for testing the quality of solar modules and other materials. The funding round will be used to expand the sales operations of Eternal Sun.
Chokri Mousaoui, CEO of Eternal Sun, said: “In an era of continuous improvement of solar modules, our solar simulation systems are in high demand with customers that aim to accurately test the performance and reliability of their solar technology. This capital injection will be used to meet this growing demand.”
