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RadianX Raises $9 Million to Scale Perovskite Modules for IoT Devices

The funding underwrites a PUT‑backed automated 6 MW production line intended to move certified perovskite prototypes into early commercial supply for sensors and wearables.

Overview

  • RadianX announced Friday that it secured $9 million in combined seed equity and project financing, with SOSV and Twynam co‑leading the seed and Pacific Union Technology Precision Manufacturing (PUT) providing non‑dilutive support.
  • The company says third‑party tests show its modules meet TÜV’s IEC TS 63163 categories, passed REACH lead‑release testing and comply with RoHS while reporting certified full‑module efficiencies of 22.33% for a 1.2 × 0.6 m module and 24.24% for a 300 × 300 mm module.
  • PUT will host and help fund a dedicated automated 6 MW production line and RadianX has hired Gary Chen as VP of Manufacturing to start the scale‑up from certified prototypes to repeatable module production.
  • RadianX sells ultra‑thin (from 0.7 mm) perovskite modules tuned for indoor and diffuse light to power edge devices; the company is piloting integrations with device makers including participation in Amazon’s Devices Climate Tech Accelerator and a project with NGK on battery‑paired asset trackers.
  • Industry context and next steps: the planned 6 MW line is small compared with utility solar but meaningful for device markets, and commercial success will depend on proving long‑term field durability, consistent manufacturing yields, and OEM adoption that replaces or shrinks device batteries.