# PV Nano Cell

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pv-nano-cell

- Industry: Renewable Energy
- Headquarters: Migdal Ha`Emeq, Israel
- Website: www.pvnanocell.com
- Total disclosed funding: $5M
- Latest round: Series B (Aug 22, 2013)
- Investors on record: 2

## About

PV Nano Cell Ltd. is an innovative company focusing on the development and manufacturing of advanced nano conductive pastes and inks tailored for the solar energy market and other industrial applications.Founded in 2009 in Migdal Ha`Emeq, Israel, PV Nano Cell Ltd. specializes in nano conductive technologies. The company has engaged in 4 deals, with the latest funding round of USD 1.27 mn raised in December 2014. The CEO, Avi Magid, leads the firm, which was founded by Fernando Vega.PV Nano Cell specializes in the development and manufacturing of single crystal nano conductive pastes and inks, specifically designed for various industrial applications. Their core product offerings include low-temperature, high-conductivity pastes and inks that utilize multiple types of metal nanoparticles, particularly for solar cell metallization. These products aim to enhance efficiency and reduce production costs in applications such as heterojunction technology (HJT) and perovskite solar cells, addressing key challenges in the solar energy sector. The company serves a diverse client base that includes manufacturers of printed circuit boards, automotive components, and flexible electronics, with a strong focus on the solar energy market. PV Nano Cell products are marketed primarily in North America, Europe, and Asia, capitalizing on the exponential growth in these regions' solar technology sectors.PV Nano Cell operates on a B2B model, primarily engaging in transactions with manufacturers and industrial clients requiring conductive pastes and inks for high-volume production. The company’s revenue for the most recent year, 2022, was USD 603,359, with an EBITDA amounting to USD 5,525,451. The revenue is derived from the sale of its flagship products, which include specialized pastes of silver and copper tailored for solar cell applications. Transactions typically involve direct sales agreements where clients order products based on their specific production needs, often incorporating long-term contracts to ensure supply consistency. The pricing structure for these conductive pastes and inks varies depending on the specific formulations and volume requirements, allowing for tailored solutions that meet the demands of large-scale manufacturers. This structured approach facilitates stable revenue streams while supporting the growing demand for advanced materials in the electronics and renewable energy sectors.PV Nano Cell aims to enhance its product offerings by developing new conductive inks and pastes for emerging technologies in the solar sector. The company is exploring expansion into new geographic markets, particularly targeting regions in Asia and Europe, within the next two years. The funding raised in December 2014 will support these initiatives, enabling the company to further their research and development efforts and establish a stronger market presence.

## Funding rounds

- Series B, Aug 22, 2013, $3.5M — Infinity Group, Terra Venture Partners
- Seed, Jun 1, 2009, $1.5M — Terra Venture Partners

## Investors

- Terra Venture Partners (https://capitalatlas.ai/funds/terra-venture-partners) — Seed, Series B
- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series B