Skip to Main Content

Don't invest unless you're prepared to lose all the money you invest. Investments through Green Angel Ventures are high-risk, and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don't invest unless you're prepared to lose all the money you invest. Investments through Green Angel Ventures are high-risk, and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

News & Insights

Green Angel Ventures announce its follow-on investment in Power Roll to accelerate the development of its solar film

08 December 2023

We are excited to announce our follow-on investment in Power Roll, which has just raised £3.8m to accelerate the development of its ultra-thin, ultra-light weight, and low cost solar film – with the potential to massively expand the type of surfaces where solar energy solutions can be deployed – hence to greatly increase and accelerate the rollout of solar power globally. 

Commenting on the fundraise, Neil Spann, CEO of Power Roll, said:

“We remain extremely grateful to Green Angel Ventures and their investor base for their continued support and investment. This latest round will help Power Roll gear up our team and our technology as we prepare for the UK’s first commercial scale flexible solar film factory in 2025.”

Spann concludes:

“Solar power is one of the most powerful allies in the fight against climate change. But limitations in existing solar technologies are preventing more extensive use across the globe. We’re here to change that, enabling the production of solar power in all sorts of places, all over the world, including the 12 billion square metres of global rooftops where existing solar solutions cannot be deployed. We will do this without breaking the bank or causing harm to our plant or its people. This additional investment from GAV provides a springboard to make our flexible solar film an irresistible green energy solution.”

 

Disclaimer – Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Even when diversified within a fund, investing in early stage companies carries a higher risk than investing in more established companies. Investment in EIS and SEIS funds should be considered as part of a diversified portfolio. Green Angel Ventures Limited is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 963377. The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.