🚀 Big News from Active Surfaces! 🚀 We are thrilled to announce that Active Surfaces has successfully secured $5.6M in an oversubscribed pre-seed funding round! Led by Safar Partners, and supported by a diverse group of investors including QVT Financial LP, Lendlease, Type One Ventures, Umami Capital, Sabancı Climate Ventures, New Climate Ventures, SeaX Ventures, and others, this funding will propel us forward in our mission to transform the solar industry. Our pioneering technology creates lightweight, flexible solar panels that can be integrated into any surface, making solar power more accessible than ever before. As we scale our R&D efforts and move towards mass production with our innovative roll-to-roll semiconductor printing techniques, we are excited to lead the charge towards a sustainable future where every surface has the potential to generate clean energy. Stay tuned for more updates as we continue to advance the future of solar and create sustainable solutions for our planet! . . . . . . We wouldn't be here without the tremendous support from Third Derivative, Greentown Labs, For ClimateTech, Cleantech Open Northeast / NECEC, Cleantech Open, Swissnex, Saint-Gobain, Browning the Green Space, MIT.nano, Martin Trust Center for MIT Entrepreneurship, MIT Sloan School of Management, MIT School of Engineering, Forbes, The Nobel Prize, MIT Sloan Sustainability Initiative, MIT Leaders for Global Operations (LGO), MIT EECS, Massachusetts Clean Energy Center, U.S. Department of Energy (DOE), National Renewable Energy Laboratory, DOE Office of Technology Transitions, Rice Business Plan Competition, The Lee Kuan Yew Global Business Plan Competition . Matthew Duff, Austin Fehr, Elyse Barré, PhD, Jay Sandlin, Jeremiah Mwaura, Mohamed Abdalla, Thomas Luly, Jeanne Pidoux, Khalid McCaskill #ActiveSurfaces #CleanEnergy #SolarPower #Innovation #Sustainability #StartupFunding #RenewableEnergy #Climatetech #MIT https://lnkd.in/ekiaAJx7
Only the beginning, time to make every surface active! ☀
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Congrats team and excellent work! Amazing news to kick off the week.
Congratulations, Shiv Bhakta ♻️ and the whole Active Surfaces team! Very exciting news, especially after being the Cleantech Open National Grand Prize Runner Up in 2023! Cleantech Open Northeast / NECEC NECEC #CTOAlumniSuccess
Congratulations on this huge milestone, Active Surfaces team!
Congratulations guys - fantastic news and well deserved
Huge congratulations to the whole team!
Congrats Shiv and team!
Co-founder of MacroCycle | Breakthrough Energy Innovator Fellow | MIT Sloan MBA '23 | Siebel Scholar
2moTo the moon (or sun!) 🚀