Deals

Pythagoras Solar, another solar PV maker, raises $10M

Pythagoras Solar is an Israel-based maker of solar photovoltaics that was started within Precede Technologies, an incubator that also has offices in Silicon Valley.

The company hasn’t released specific details on its technology, but says it is working on changing some of the “basic principles” behind PV technology by combining “software models, optic design, semiconductor processes, materials science, and mass manufacturing techniques to build highly durable, cost effective solar energy products.”

The $10 million funding is the company’s first. It was led by Israel Cleantech Ventures, and joined by Pitango Venture Capital and Evergreen Venture Partners.

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