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02 août 2008

Cyrium Technologies (Californie) lève 15 M$

Par Valérie Blanchot-Courtois le 2 août 2008 | (0) Commentaires

Sunnyvale, Calif.-based Cyrium Technologies Inc., a developer of solar cells for concentrator photovoltaic systems, has just raised US $15 million. The round was led by Quercus Trust of Costa Mesa, Calif.

Also participating were Canadian venture firms BDC Venture Capital, Chrysalix Energy Venture Capital and Pangaea Ventures Ltd.

Cyrium's solar cell technology is designed to significantly improve power generation while reducing cost.

The funds will be used for product development and testing of Cyrium's photovoltaic solar cell products and to establish volume manufacturing.