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Chemicals and Materials Tech Series C Founded 2010

Next Energy Technologies

Next Energy Technologies manufactures transparent solar energy harvesting coatings using proprietary soluble small molecule organic photovoltaic technology. The company develops organic semiconducting inks that are printed or coated onto glass surfaces to create transparent solar cells that are lightweight and flexible. These coatings transform standard windows and glass panes into energy-generating surfaces without…

📍 Santa Barbara, United States · Chemicals Tech,

Funding snapshot

Last roundSeries C
Amount$11M
Date1 February 2024
Total raised$39M
Team size28

About

Next Energy Technologies manufactures transparent solar energy harvesting coatings using proprietary soluble small molecule organic photovoltaic technology. The company develops organic semiconducting inks that are printed or coated onto glass surfaces to create transparent solar cells that are lightweight and flexible. These coatings transform standard windows and glass panes into energy-generating surfaces without compromising transparency. Founded in 2010 and headquartered in Santa Barbara, United States, Next Energy Technologies has raised approximately $38.9M in Series C funding from investors including Blue Square, GEAR Innovation Network, Viracon, Rincon Partners, the State of California, DOE, and the National Science Foundation. The company's technology enables building-integrated photovoltaics, allowing commercial buildings to generate renewable energy directly from their existing window surfaces, reducing reliance on external power sources and supporting net-zero building goals.

Business model

Renewable Energy Tech > Solar Energy > Applications > Smart Buildings > Windows > Energy Harvesting Coatings,

Chemicals Tech > Advanced Chemicals > Coatings > Solar Power Generation

Institutional investors

Blue Square GEAR Innovation Network Viracon Rincon Partners State of California DOE OSTI National Science Foundation Side X Side Management America’s Seed Fund

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