Pythagoras Solar, another solar PV maker, raises $10M
Pythagoras Solar is an Israel-based maker of solar photovoltaics that was started within Precede Technologies, an incubator that also has offices in Silicon Valley.
The company hasn’t released specific details on its technology, but says it is working on changing some of the “basic principles” behind PV technology by combining “software models, optic design, semiconductor processes, materials science, and mass manufacturing techniques to build highly durable, cost effective solar energy products.”
The $10 million funding is the company’s first. It was led by Israel Cleantech Ventures, and joined by Pitango Venture Capital and Evergreen Venture Partners.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.