Tech Company Financing Transactions
Brite Solar Funding Round
On 1/23/2024, Brite Solar raised $9.3 million in investment from New Energy Partners, Brace Agri Solar Holdings and Deep Investments Limited.
Transaction Overview
Company Name
Announced On
1/23/2024
Transaction Type
Venture Equity
Amount
$9,325,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
THERMI 2 building, 9th km Thessaloniki -- Thermi P.O. Box: D.
Thessaloniki, 57001
Greece
Thessaloniki, 57001
Greece
Phone
Website
Email Address
Overview
Greenhouses need a high percentage of the ambient light to reach the plants on the inside and as a result, any cladding used must be highly transparent. In addition, the ideal cladding will not change the spectral characteristics of the light. The price of a greenhouse Solar Panel must also be low enough to generate a positive ROI by offsetting purchased electricity.
Management Team
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