Oxford Photovoltaics raises £8 million in Series B

9th March 2015

Oxford Photovoltaics was spun out by Oxford University Innovation in 2010 based on technology developed by Professor Henry Snaith from Oxford's Department of Physics.

The company will use the funding to accelerate the development of its perovskite solar technology.

Kevin Arthur, CEO and Co-Founder of Oxford PV, said: “I am delighted to have raised more in this round than we targeted. In a very difficult market for solar investments, we exceeded our expectations and broadened our shareholder base. These funds will help accelerate our development and secure our leading global position in this exciting new technology.”

Read Oxford Photovoltaics’ announcement.

See details of the underlying research at Oxford’s Department of Physics here.

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