# Kastus Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kastus-technologies

- Industry: Materials
- Headquarters: Dublin, Ireland
- Website: www.kastus.com
- Total disclosed funding: $10M
- Latest round: Series A (Jun 21, 2021)
- Investors on record: 5

## About

Kastus Technologies specializes in advanced anti-soiling surface solutions for solar panels, utilizing proprietary nanotechnology to enhance energy generation efficiency by preventing dust accumulation and optimizing light absorption.Founded in 2013, Kastus Technologies Ltd. operates out of Dublin, Ireland, offering advanced anti-soiling solutions. The firm has raised EUR 5.6 mn in its Series A funding in June 2021, led by Ascent Capital Advisors, to expand its commercial capabilities. The CEO and founder, John Browne, has a background in technology-driven solutions, having previously founded and led other ventures.Kastus Technologies specializes in advanced anti-soiling surface solutions, primarily targeting solar panels through its proprietary nanotechnology. Their core product is an embedded hydrophilic and photocatalytic coating that prevents dust accumulation and enhances light absorption, thereby improving energy generation efficiency. The company also develops Clean Glass Technologies, including antimicrobial coatings for various applications, contributing to safer environments by eliminating bacteria and viruses. Their customer base includes solar panel manufacturers and end-users across North America, Europe, and Asia, who seek sustainable energy solutions.Kastus Technologies generates revenue through direct B2B transactions, focusing on partnerships with solar panel manufacturers and other related industries. The company’s business model centers on licensing its patented anti-soiling technology and antimicrobial coatings, which can be integrated into clients' manufacturing processes. This structure enables long-term contractual agreements that facilitate steady income streams, with the flagship product enhancing solar panel performance at the core of their revenue model.Following the EUR 5.6 mn raised in the Series A funding round in June 2021, Kastus Technologies plans to utilize this financing to expand its global commercial team. The company aims to enhance its market reach and explore new product developments that improve energy efficiency in solar applications. Their strategy includes targeting expansion into regions such as South America and Southeast Asia by 2023, leveraging their innovative technologies to meet the growing demand for efficient renewable energy solutions.

## Funding rounds

- Series A, Jun 21, 2021, $6.7M — Atlantic Bridge, Enterprise Ireland, Ascent, Carragh Holdings
- Series A, Sep 1, 2018, $3.5M — Atlantic Bridge, Ascent Capital, Enterprise Ireland

## Investors

- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A
- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series A
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Series A
- Ascent (https://capitalatlas.ai/funds/ascent) — Series A
- Carragh Holdings — Series A