Pythagoras Solar hooks $10 million
Pythagoras Solar has found itself on the receiving end of a $10 million series A funding injection led by Israel Cleantech Ventures, alongside PitangoVenture Captial and Evergreen Venture Partners.
Greenbang would like to bring you more details on what Pythagoras is up to but the company is all about secrecy right now and a note on their website says: “The company expects to disclose more about its products and technologies by early 2009.”
However, Greenbang can tell you that the fund will be used to pay for “R&D and global commericalisation” of its products. Well that clears that up then.
Here’s for info from Pythagoras Solar to be getting on with:
Pythagoras Solar is focused on dramatically changing the economics of photovoltaic technology through innovation that changes some of the basic technical principles behind the discipline. To accomplish its goals, the company is working to combine software models, optic design, semiconductor processes, materials science, and mass manufacturing techniques to build highly durable, cost effective solar energy products.
