Voltiris Banks a USD 1.5M Funding Round To Scale Its Technology

The first solar modules made exclusively for glass greenhouses have been created by Voltiris. The modules make it possible to produce power from greenhouse surfaces by using them twice without hindering crop growth as usual. The energy independence, financial performance, and carbon impact of greenhouse farmers all rise. Solar panels speed up the spread of renewable energy while protecting biodiversity on a societal level.

GGBA Switzerland reported that Voltiris, a Swiss company, successfully raised CHF 1.4M (USD 1.5M) to further scale its technology. Photovoltaic modules made exclusively for glass greenhouses have been created by Voltiris. The modules make it possible to produce power from greenhouse surfaces by using them twice without hindering crop growth as usual. By utilizing this technology, greenhouse producers may become more self-sufficient in terms of energy, boost their profitability, and dramatically lower their carbon impact. The simultaneous preservation of biodiversity and the rapid deployment of renewable energy benefit society as a whole.

“Voltiris has created a special solution for greenhouse farmers that not only contributes to energy conservation but also strengthens the robustness of our food chain. This is a significant development and one of several that will be required to combat climate change.” Ivo Petrov, a member of Business Angels Switzerland and adviser at AgFunder, expressed his admiration for the Voltiris leadership and team and his confidence in their ability to carry out this ambitious objective.

The start-up has secured CHF 1.4 million in a pre-seed round headed by prominent Swiss investors Serpentine Ventures, Business Angels Switzerland, and SICTIC, in addition to obtaining assistance from the Swiss Climate Foundation, after securing money from the FIT in May 2022. By growing commercial pilots, laying the groundwork for industrial production, and bolstering the current team with crucial skills, the increased monies will be utilized to speed up research and commercialization.

Image provided by Voltiris