30 Sep '14, 10am

OPV producer Heliatek completes EUR 18 million series C funding round, led by Investment Holding AQTON SE

Heliatek GmbH (Dresden, Germany), producer of organic solar photovoltaic (OPV) films, has successfully completed its C-Financing round by raising EUR 18 million. Since the foundation of Heliatek in 2006, EUR 46 million have been raised in order to develop the technology, the manufacturing process and now the market entry, the company emphasizes. The new financing round was led by AQTON SE, an investment holding of German entrepreneur Stefan Quandt, with participation of all prior investors, Bosch, BASF, Innogy Venture Capital, Wellington Partners, eCAPITAL, HTGF and TGFS. OPV for Building Integrated Photovoltaics, automotive applications The company succeeded with its innovative approach of organic solar films in a roll-to-roll production process. These “HeliaFilms” are being supplied to industrial partners for applications in Building Integrated Photovoltaics (BIPV) and a...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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