# Brite Solar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brite-solar

- Industry: Materials
- Headquarters: Thessaloniki, Greece
- Website: www.britesolar.com/
- Total disclosed funding: $9.4M
- Latest round: Series A (Jan 23, 2024)
- Investors on record: 4

## About

Established in 2009 by Christos Georgopoulos, and based in Thermi, Greece, Brite Solar operates as a nanomaterials company that offers a class of glass materials for the construction industry to help reduce the energy footprint. In January 2024, Brite Solar raised EUR 8.6 million in Series A funding led by investor New Energy Partners, with participation from EIC Fund, Brace Agri Solar Holdings, and Deep Investments Limited. As of January 2024, the company operates from locations in Europe and the US and is being led by its CEO and President, Nick Kanopoulos.  

The company specialises in clear solar glass and uses Die Sensitised Solar Cells (DSSC) to generate electricity and minimise greenhouse gas emissions. The technique, which is based on ink-jet printed nanomaterials, is used to auto-dimming and architectural glass to provide cost-effective energy solutions. Agrivoltaics, which incorporates solar glass into farmland, boosts food production while producing electricity responsibly.

The company intends to use the January 2024 funding to expand its market reach in Patras and continue to develop and install a solar glass production line.

## Funding rounds

- Series A, Jan 23, 2024, $9.4M — New Energy Partners, European Innovation Council, Brace Agri Solar Holdings, Deep Investments Limited

## Investors

- New Energy Partners (https://capitalatlas.ai/funds/new-energy-partners) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- Brace Agri Solar Holdings — Series A
- Deep Investments Limited — Series A
