Cosmos Innovation

Assembly Line

Cosmos Innovation Emerges from Stealth with $19.7 Million to Accelerate Solar Transition to Perovskite Silicon Tandem with Industry-First Self-Learning AI Fab Platform

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: Cosmos Innovation, Temasek

Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. The funding will support the company’s fundamentally different approach to developing perovskite silicon tandem solar cell technology. The funding coincides with Cosmos Innovation’s unveiling of Mobius, the industry’s pioneering AI recipe optimization platform. Mobius has been demonstrated across various sectors, including solar, silicon carbide, advanced data center chips and advanced packaging. This platform fuels Cosmos Innovation’s ambitious endeavor: construction of the world’s first self-learning fab in the solar and semiconductor space.

The Series A round was led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek, a global investment company headquartered in Singapore. Other investors joining the round include Innovation Endeavors, which led the seed round; Two Sigma Ventures; DeepMind CEO Demis Hassabis; noted MIT professor Tomaso Poggio, a founder of computational neuroscience; Richard Socher, leading natural language processing (NLP) researcher, CEO of and managing partner at AIX Ventures; and Western Technology Investments, one of the leading venture debt funds in Silicon Valley.

Read more at PR Newswire