Bert Thin Films, LLC finalizes a total of $2M in funding to start off 2022. The source of funds includes a $1M angel funding round, which was completed a few months after receiving a $1M grant from the US Department of Energy Solar Energy Technologies Office. QCA was again a key investor in this round which also included Bluegrass Angels.
The UofL News article UofL solar energy startup secures $2 million in funding states:
“Silver is a huge issue for the industry because the price volatility and there may not be enough to produce the amount of solar panels needed,” said Thad Druffel, theme leader for solar manufacturing R&D at UofL’s Conn Center for Renewable Energy Research. “We can solve it by changing one simple ingredient.”
“We love to see UofL startups succeed, and we’re very proud of Bert Thin Films for this recent funding,” said Will Metcalf, an associate vice president for research and innovation who leads UofL New Ventures. “The technology Bert Thin Films is commercializing has the potential to make a big impact in engineering a future economy driven by new energy materials and manufacturing processes.”"
Read article at PV Magazine: Louisville startup secures $2 million funding for copper paste that may lower cost of solar