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