Plextronics snaps up $14M for organic lighting, solar cells
Plextronics, a unique company developing organic solar cells and light emitting-diode displays — including television screens so flexible you can bend them — announced today that it’s brought in $14 million in second-round funding. The Pittsburgh company says it will use the money to continue research and spearhead manufacturing operations that will hopefully reach commercial scale.
Organic light emitting-diodes (OLED) include an extremely thin layer of organic compounds that are literally printed onto their surfaces. Because… Continue Reading
Plextronics gets $20.6M more for plastic solar cells, organic RFID tags
Plextronics, a Pittsburgh-based start-up developing organic photovoltaic technology for solar power, said it has raised $20.6 million in a second round of financing.
The round was led by the Solvay Group, a Brussels-based chemical-pharma group, and included Firelake Capital Management, Birchmere Ventures, Draper Triangle Ventures and Newlin Investment Company. Plextronics has raised a total of $37 million in equity capital over the last five years.
The company specializes in “printed electronics,” a field that covers next-generation light… Continue Reading
The arrival of flexible chips — a summary
The flexible chips industry doesn’t grab a lot of headlines, but it is bringing together nanotech, biotech, and other technologies to possibly usher in some revolutionary new products.
We’ve been quietly checking up on some of the venture-backed companies in this area, including NanoGram, Plextronics and Plastic Logic. They are few, and slow-moving, but worth a look.
Their potential applications sound straight out of sci-fi: interactive displays embedded in anything from clothing to wall paper, newspapers that… Continue Reading