TLDR:
- US-based Active Surfaces secures $5.6M in pre-seed funding led by Safar Partners.
- Company developing lightweight, flexible solar panels that can be integrated into any surface.
Summary:
US-based startup Active Surfaces, spun out from MIT, has raised $5.6 million in pre-seed funding in an oversubscribed round led by Safar Partners. The company is revolutionizing solar technology with its lightweight, flexible solar panels that can seamlessly blend into various surfaces. These panels offer higher efficiency, lower costs, and greater versatility compared to traditional solar panels. Active Surfaces aims to accelerate mass production of thin, flexible solar materials with its recent funding. The company has a diverse support base ranging from institutional VCs to corporate backers and plans to expand its research and development efforts to bring its innovative solar solutions to market more rapidly.
Active Surfaces has attracted top talent, including experts in roll-to-roll manufacturing and semiconductor printing, as well as scientists and engineers from leading institutions like Stanford University and MIT. The company is participating in several startup accelerator programs and has garnered recognition, with one of its co-founders featured in Forbes 30 Under 30 in Energy. With a focus on sustainability and urbanization, Active Surfaces is poised to transform the built environment with its cutting-edge solar technologies.
