Start-up Solasta seeks growth in solar nanowires
BOSTON--Solasta, a quiet Boston-area company, says it's a few steps ahead of the many researchers trying to design flexible solar cells using nanotechnology.
The company is now in the process of seeking a Series B round of venture capital in the range of $20 million with a target of starting production by the end of next year, said chief technology officer and co-founder Michael Naughton here on Friday.
Solasta was spun out of Boston College and raised a $6 million Series A round in 2006 from venture capital company Kleiner, Perkins, Caufield & Byers in a deal led by … Read more