Dyesol Limited raises $4.2 million

Australia-based Dyesol Limited, a manufacturer of third-generation PV technology, has raised $4.2 million from shareholders. The funds will be used for the Major Area Demonstration Prototyping Project. The technology scale-up project has already attracted a conditional $4.77 million offer from the Australian Renewable Energy Agency. The remaining funds for the project have been contributed by Tasnee as convertible notes.

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