Oxford PV recently announced first close of Series D funding round, attracting major new investment and continued support from existing shareholders. The Company raised £31 Million - around $41 Million USD.
The round includes a major new investment from Goldwind, the leading provider of integrated renewable energy solutions in China, as well as investment from existing shareholders including Equinor and Legal & General Capital.
Frank P. Averdung, Chief Executive Officer at Oxford PV commented, 'Goldwind's investment in Oxford PV and the continued support of our existing shareholders, demonstrates the confidence in our technology and its commercial readiness. We are delighted to have investors that recognize the capability of our perovskite solar cell technology to transform the performance of silicon-based photovoltaics and the role it will play in the global transition to a clean energy future.'