Active Surfaces Raises $5.6M for Solar Technology Expansion

Active Surfaces Raises $5.6M in Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6M in pre-seed funding.
• Investors: Safar Partners led the round, with participation from QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others.
• Company Focus: Active Surfaces specializes in developing flexible, high-efficiency solar technology for integration into various surfaces, aiming to make solar power ubiquitous and integrated into everyday materials.

Active Surfaces' Target Market

• Energy Sector: Targeting the energy sector, including utilities, construction companies, and infrastructure developers looking for innovative solar solutions.
• Architects and Designers: Collaborating with architects and designers to incorporate solar panels seamlessly into building materials and structures.
• Renewable Energy Companies: Partnering with renewable energy companies to enhance their product offerings with flexible solar panel technology.

What Active Surfaces Needs to Buy

• R&D and Engineering Services: Collaborating with research institutions and engineering firms to further develop and enhance their flexible solar panel technology.
• Manufacturing and Production Partnerships: Partnering with manufacturers to scale up production and ensure efficient manufacturing processes.
• Marketing and Sales Support: Engaging with marketing agencies and sales experts to effectively promote and sell their solar solutions to target industries.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.