Cosmos Innovation, a Singapore-based AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, raised $19.7m in Series A funding.
The round was led by Xora Innovation, with participation from Innovation Endeavors, Two Sigma Ventures, DeepMind CEO Demis Hassabis, MIT professor Tomaso Poggio, a founder of computational neuroscience, Richard Socher, a natural language processing (NLP) researcher, CEO of You.com and managing partner at AIX Ventures; and Western Technology Investments.
The company intends to use the funds to support its approach to developing perovskite silicon tandem solar cell technology.
Founded in 2022 by Vijay Chandrasekhar, CEO, and Joel Li, CTO, Cosmos Innovation is solar and semiconductor process development company that leverages artificial intelligence (AI) to speed up recipe development of perovskite silicon tandem technology to yield the most efficient solar cells.
The funding coincides with the launch of Mobius, an AI recipe optimization platform which has been demonstrated across various sectors, including solar, silicon carbide, advanced data center chips and advanced packaging. This platform accelerates Cosmos Innovation’s ambition to construct the world’s first self-learning fab in the solar and semiconductor space.
FinSMEs
20/10/2023