RadianX Secures $9 Million to Scale Perovskite Solar Module Production
RadianX, formerly California Perovskite Technology, Inc., has raised $9 million in combined venture and project financing to transition its certified perovskite solar modules from development to commercial-volume production. The Seed round was co-led by SOSV and Twynam, with participation from several venture capital firms including One Small Planet and Alumni Ventures. A key component of the funding involves a partnership with Pacific Union Technology Precision Manufacturing (PUT) to establish a dedicated 6MW automated production line. RadianX focuses on thin-film perovskite technology designed for edge energy applications such as sensors, wearables, and Physical AI, offering high efficiency in low or indoor light environments where traditional silicon fails. The company has addressed historical industry challenges regarding material degradation, scaling efficiency, and lead safety, securing TÜV certification under IEC TS 63163 standards. RadianX also holds a world-record efficiency of 22.33% on a 1.2m x 0.6m module format.