“Energy harvesting for IoT devices is a rapidly growing market with multi-billion dollar potential,” said Anand Verma, Founder and CEO. “Our easy-to-adopt designer solar cells eliminate or extend batteries, unlocking the potential to enable solar power on every device.”

“Our energy harvesting technology has been crafted at Empa over six years, enabling us to jumpstart Perovskia Solar with a finished product that powers next-generation devices for industrial and consumer adoption,” added Tobias Meyer, Founder and CTO.

“Given our progress in the last year, Perovskia Solar offers a robust investment case with a compelling vision, a superlative product, and a capital-efficient path to profitable scale,” said Sandeep Raju, Incubation Lead and Board Member. “Alongside Empa, Venture Kick, and Jonny Suter as our early believers, we warmly welcome Kickfund, D&FG Elements, and our global coalition of angels led by Nils Hagander and Beda Rohner.”

“I am excited to join the board of Perovskia Solar to help scale up the business and realise the full potential of the founders’ groundbreaking inventions,” said Nils Hagander, entrepreneur and investor in technology and professional services ventures. “With a market-leading product, Perovskia Solar is well positioned to catalyse the next generation of consumer and industrial IoT devices.”