European Investment Bank (EIB) has signed a loan agreement of up to €35 million with the Swedish clean tech company, Exeger, which manufactures the solar cell technology Powerfoyle. The company has raised over €169 million, including €16.1 million Series B in March this year.
Exeger has developed the Dye-Sensitized Solar Cell (DSC) into an innovative and patented technology (Powerfoyle) that converts both indoor and outdoor light into electricity and allows electronic appliances with low consumption to become self-powered.