Nines Photovoltaics Raises Funding

Nines Photovoltaics, a Dublin, Ireland-based solar cell equipment technology company, raised a funding of undisclosed amount.

Backers included the Bank of Ireland Seed and Early Stage Equity Fund, managed by Kernel Capital, and existing investor Business Venture Partners (BVP), which committed €350k together, and others.

The company intends to use the funds to complete the process development work and launch the product into the market.

Led by Edward Duffy, CEO, Nines Photovoltaics is now validating its first silicon wafer processing tool in a production environment in collaboration with Fraunhofer ISE in Freiburg, Germany. To date, the company has demonstrated improved reflection properties of solar cells advancing energy capture and efficiency.



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