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§ Private Profile · Salem, MA, USA
Develops ultra-light, flexible perovskite solar modules for built environments, integrating energy generation into surfaces.
Active Surfaces is a Woburn, Massachusetts-based hardware manufacturer that develops ultra-lightweight, flexible perovskite solar modules designed to be installed directly onto weight-constrained roofs, walls, and curved surfaces. Targeting the commercial and industrial real estate sectors, the company produces peel-and-stick thin-film solar technology that reduces installation costs by up to ten times compared to traditional rigid silicon panels. Operating from a dedicated 4,800-square-foot manufacturing facility, the early-stage startup has raised $5.6 million in an oversubscribed seed funding round and previously won the $100,000 grand prize at the MIT $100K Entrepreneurship Competition. Active Surfaces is backed by lead investor Safar Partners alongside institutional investor J-POWER, and its advisory board features prominent figures including MIT professor Vladimir Bulović and Nobel laureate Moungi Bawendi. The enterprise was officially founded in 2022 by co-founders Shiv Bhakta and Richard Swartwout.
Active Surfaces has raised $5.6M across 1 funding round.
Active Surfaces has raised $5.6M in total across 1 funding round.
Active Surfaces has raised $5.6M in total across 1 funding round.
Active Surfaces's investors include Safar Partners, Lendlease, New Climate Ventures, QVT, Sabanci Climate Ventures, SeaX Ventures, Type One Ventures, Umami Capital.
Active Surfaces has raised $5.6M across 1 funding round. Most recently, it raised $5.6M Pre-Seed in May 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 13, 2024 | $5.6M Pre Seed | Safar Partners | Lendlease, NEW Climate Ventures, QVT, Sabanci Climate Ventures, SeaX Ventures, Type ONE Ventures, Umami Capital | Announced |