Solivus, the pioneer of new ‘skin-like’ solar panels, has secured a GBP2.4 million investment, led by Founders Factory and G-Force and supported by Crowdcube investors, to fund expansion plans putting solar power at the heart of the UK’s energy generation.
The seed investment sees Solivus join the Founders Factory G-Force sustainability seed programme where it will spend the next six months rapidly scaling its business – using the funding to grow its commercial rooftop business and mass market its recently launched ‘portable’ solar sculpture for homeowners
Solivus says its flexible, organic thin-film solar (OPV) panels that can be wrapped around the flat roofs of warehouses, stadiums and large offices is a more practical alternative to traditional clunky solar panels. The firm has recently appointed Juliet Davenport OBE – the founder and ex-CEO of the UK’s first 100 per cent renewable electricity supplier Good Energy – as a board adviser.
