Sunday, 1 March 2015
Last updated 2 days ago
Jan 30 2009 | 10:48am ET
BrightView Systems, an Israeli cleantech start-up developing photovoltaic systems, has raised $6 million in a first financing round from Israel Cleantech Ventures Fund and Germany’s Hasso Plattner Ventures.
“BrightView is focused on perfecting the production process of photovoltaic-based solar-cells,” said Benny Shoham, BrightView’s co-founder and CEO, in a statement. “Our tools are designed to deliver a solution suite that uniquely addresses some key production gaps while optimized to meet the particular needs of the most advanced solar-cells manufacturers.”
Shoham said the money raised will be used to bring the company’s first solution to market in 2009.
The Israel Cleantech Ventures Fund was established in 2006 to provide growth capital to businesses in Israel’s energy, water and environmental sectors. The fund has $75 million under management and has, to date, invested in nine companies.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…