WORLDTECHChips & Hardware DEVELOPING
Imec spin-off Noak raises €5 million for solar tandem cells
Noak, a spin-off of imec and UHasselt, has raised €5 million to scale up development of perovskite–silicon tandem photovoltaics. The round is reported by Electronics Weekly alone.
Purpose of the funding
According to Electronics Weekly, the €5 million is aimed at scaling and industrializing the next generation of solar technology, namely perovskite–silicon tandem PV.
The money is described as seed investment.
Source of the report
The round is reported by a single outlet, Electronics Weekly, which published the item under the headline Imec spin-off Noak raises €5m.
Open questions
- Who are the investors in the seed round?