WattGlass Secures Series A Financing Round Led by DSM Venturing
FAYETTEVILLE, AR --(Marketwired - February 09, 2017) - WattGlass announced today the closing of Series A funding round led by DSM Venturing. WattGlass is a winner of the 2016 SunRISE TechBridge Challenge, a competition organized by Royal DSM, Fraunhofer, and Greentown Labs to realize innovations in Solar Energy. The WattGlass product, an anti-reflective and anti-soiling coating for solar panels utilizes water based chemistry to improve the performance of solar modules and advance the sustainability of solar materials. The development of this technology has been supported by the National Science Foundation (NSF) Small Business Innovation Research (SBIR) program, the Department of Energy (DOE) SunShot program, and the Arkansas Economic Development Commission (AEDC). WattGlass coatings greatly reduce reflection of light from glass surfaces which results in improved performance for solar modules, greater output from LED lighting, and reduction of glare from architectural glass and ophthalmic lenses.
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