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