Swiss Perovskite Startup Secures $2.4M for IoT Power Innovation

Perovskia Solar, a cutting-edge startup based in Switzerland, has recently made waves in the tech industry by securing $2.4 million in funding and attracting 10 customers for its innovative Internet-of-Things (IoT) printed perovskite solar technology. The company's groundbreaking perovskite solar cells are designed to power edge IoT devices using ambient light, offering a cost-effective solution with their printed cells.

Founded as a spin-off from the prestigious Swiss Federal Laboratories for Materials Science and Technology (Empa), Perovskia has successfully raised seed funding from a diverse group of global angels and early-stage funds. The company's ambitious plans include establishing a production capacity of one million cells and streamlining the production process to maintain high-quality standards.

One of the key advantages of Perovskia's technology is its ability to customize solar cells in various shapes and sizes, allowing for seamless integration into different products while maximizing energy output. These cells can generate over 80uW/cm² of power output from just 1000 lux, showcasing the efficiency and versatility of the technology.

According to Tobias Meyer, the Founder and CTO of Perovskia Solar, "Our energy harvesting technology, developed over six years at Empa, has laid the foundation for Perovskia Solar to deliver cutting-edge solutions for next-generation industrial and consumer devices." The company's commitment to innovation and excellence has garnered praise from industry experts and investors alike.

Sandeep Raju, Incubation Lead and Board Member, expressed confidence in Perovskia Solar's potential, stating, "With a compelling vision, superior product quality, and a clear path to sustainable growth, Perovskia Solar presents a compelling investment opportunity." The company has received support from key stakeholders such as Venture Kick and prominent investors like Nils Hagander and Beda Rohner.