Perovskia

What Perovskia does

Perovskia Solar AG is a Swiss cleantech startup incorporated as a spin-off from Empa (Swiss Federal Laboratories for Materials Science and Technology) that designs and manufactures custom perovskite solar cells for energy harvesting in low-power electronic devices. Founded around 2021 and headquartered in Aubonne, Canton of Vaud, the company serves enterprise B2B customers across IoT, consumer electronics, industrial electronics, and automotive end markets. Named customers include a Fortune 100 industrial electronics leader, a top 5 Indian automaker, a top 3 global automotive component supplier, and a US-based IoT sensor company.

The company's core product is digitally printed perovskite thin-film solar cells that harvest both indoor and outdoor light, delivering more than 80 µW/cm² at 1000 lux and a lifespan exceeding 10 years. The fully printed architecture supports custom shapes and sizes tailored to each customer's device form factor, distinguishing the offering from rigid conventional silicon cells. Manufacturing is conducted at an automated state-of-the-art facility in Aubonne, Switzerland, with a stated target capacity of 1 million solar cells per year by end of 2024, supported by access to the Swiss research ecosystem of Empa, ETH Zurich, and EPFL.

Perovskia operates a direct enterprise sales motion, engaging IoT and industrial electronics manufacturers through a multi-step process from power-requirement specification to design, validation, demonstration, and full-scale production. Revenue is generated through quote-based hardware sales on multi-year contracts, with pricing customized to each customer's power, shape, size, and electrical requirements. The company has secured more than 10 IoT industry clients and is pursuing international expansion via the Solar Impulse Foundation's Global Impulse Program, Swissnex, and CES 2026.

Name

Perovskia

Legal name

Perovskia Solar AG

Website

https://perovskia.solar

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Perovskia Solar AG is a Swiss cleantech spin-off from Empa that designs and manufactures custom digitally printed perovskite solar cells for energy harvesting in IoT devices, consumer electronics, industrial electronics, and automotive applications.

Ownership category

akta.pro rank

Product category

Custom Perovskite Solar Cells / Printed Photovoltaics

NAICS

Solar Electric Power Generation (221114)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA)

akta.pro secondary industries

Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film) (EUAMAHAA), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Perovskite solar cells
• Custom solar cells
• Digital printing photovoltaics
• Indoor outdoor solar cells
• Energy harvesting IoT

Headquarters

HQ city

Aubonne

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Solar Cell Hardware Sales: Perovskia generates revenue through the sale of custom-designed perovskite solar cells to IoT and consumer electronics manufacturers. The company designs solar cells customized to fit each client's product, validates and demonstrates performance, then moves to full-scale production. Revenue is generated from hardware product sales with custom sizing and electrical requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Perovskia designs and digitally prints custom-shaped perovskite solar cells for integration into IoT devices, consumer electronics, wearables, automotive components, and industrial sensors. Each cell is engineered to a client's specific shape, size, and electrical requirements, harvesting both indoor and outdoor light to extend battery life or eliminate batteries in low-power devices. Production is carried out at a state-of-the-art automated facility in Switzerland with capacity targeting one million cells per year.

Product overview

Perovskia Solar is a Swiss cleantech startup offering custom-designed perovskite solar cells for IoT devices, consumer electronics, wearables, retail digital price tags, agritech sensors, and tracking applications. The core product is their digitally printed perovskite solar cells, which are highly efficient for both indoor and outdoor use, customizable in shape and size, and designed to eliminate or extend batteries in low-power consuming devices. The company operates from a production facility in Aubonne, Switzerland, with plans to reach 1 million solar cell printing capacity. Target markets include IoT sensors, consumer electronics, wearables, retail, agritech, and tracking & sensors.

Differentiator

Problem solved

Functional benefit

Products and services

• Perovskite Solar Cells (Custom Digitally Printed) Custom-designed perovskite solar cells that are digitally printed in tailored shapes, sizes, and electrical specifications to integrate into IoT devices, consumer electronics, wearables, automotive components, and industrial sensors. Cells harvest both indoor and outdoor light, producing more than 80 µW/cm² at 1000 lux with over 10 years lifespan, enabling devices to extend battery life or eliminate batteries in low-power applications.

Quantifiable outcome

• At 1000 lux, solar cells produce more than 80uW/cm² of power output
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• Empa (Swiss Federal Laboratories for Materials Science and Technology)coreStrategic or Co-development PartnerPerovskia Solar is a spin-off from Empa. The company benefits from Empa's guidance, support, knowledge, and network. Technology was crafted at Empa over six years, enabling Perovskia to start with a finished product.
• InnosuissesupportingStrategic or Co-development PartnerSwiss innovation agency supporting Perovskia Solar. 12 of 17 Swiss startups at CES 2026 were supported by Innosuisse.
• SPEI (Service for the Promotion of the Economy and Innovation Vaud)supportingStrategic or Co-development PartnerRegional economic development agency partnering with Solar Impulse Foundation for Global Impulse Program selecting Perovskia for international expansion support.
• InnovaudsupportingStrategic or Co-development PartnerInnovation agency for the Vaud region supporting Perovskia Solar's development and growth.
• IMD Business SchoolsupportingStrategic or Co-development PartnerSwiss business school supporting Perovskia Solar as part of their startup ecosystem engagement.
• VenturelabsupportingStrategic or Co-development PartnerOrganization behind TOP 100 Swiss Startups and Venture Leaders programs that Perovskia has been recognized through.
• SwissnexsupportingStrategic or Co-development PartnerSwiss global network connecting Switzerland's sciences and education hubs worldwide, supporting Perovskia's international visibility.
• SolaronixsupportingTechnology or IntegrationSwiss solar technology company. CTO Toby Meyer chairs Solaronix, bringing over 30 years of solar industry experience to Perovskia.
• Solar Impulse FoundationcoreStrategic or Co-development PartnerFoundation selecting Perovskia Solar for Global Impulse Program to accelerate international expansion. Provides global ecosystem, visibility, financing access, and market opportunities.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Oxford PV: UK/Germany-based perovskite-silicon tandem solar cell company commercializing perovskite PV at scale. Closest direct competitor in perovskite PV with comparable materials IP and large-scale manufacturing ambitions, though focused on utility/rooftop tandem modules rather than Perovskia's indoor/edge-device niche.
• Saule Technologies: Polish company developing inkjet-printed flexible perovskite solar cells for IoT, BIPV and consumer electronics. Direct overlap with Perovskia on printable perovskite technology, custom form factors and IoT/edge-device energy harvesting as the primary go-to-market.
• Epishine: Sweden-based manufacturer of printed organic indoor solar cells for IoT and low-power electronics. Targets the same indoor-light energy-harvesting use case as Perovskia with a different chemistry (organic vs perovskite), competing for IoT sensor and smart-building OEM sockets.
• Dracula Technologies: France-based company producing OPV (organic photovoltaic) cells under the LAYER brand for self-powered IoT devices. Competes head-to-head with Perovskia in indoor/low-light energy harvesting for smart sensors, asset tracking and connected devices.
• PowerFilm Solar: US manufacturer of flexible thin-film (amorphous silicon) solar panels for IoT, military and consumer applications. Established incumbent in custom-shaped, low-power solar cells for edge devices — Perovskia's most direct non-perovskite substitute.
• Heliatek: Germany-based pioneer in organic photovoltaic (OPV) films for building-integrated and IoT applications. Competes with Perovskia in roll-to-roll printed, ultra-thin solar technology for distributed energy harvesting.

Emerging players

• InfinityPV: Denmark-based developer of printed organic solar cells (PowerCoat) and research-grade OPV equipment. Overlaps with Perovskia on printed, flexible solar cell technology, with comparable focus on custom shapes and academic/industrial R&D customers.
• Solaronix: Swiss specialist in dye-sensitized solar cells (DSSC) and perovskite materials, chaired by Perovskia's CTO Toby Meyer. Operates in the same Swiss thin-film PV ecosystem and supplies materials/IP that overlap with Perovskia's perovskite chemistry.
• Sunew: Brazil-based manufacturer of printed organic photovoltaic (OPV) films for building facades, transport and IoT. Emerging player with comparable roll-to-roll OPV technology targeting distributed/edge power generation applications.

Broad incumbents

• ARMOR solar power films: French industrial group (ARMOR) producing ASCA organic photovoltaic films for BIPV, IoT and transport. Large, diversified manufacturer serving similar energy-harvesting and BIPV use cases as Perovskia with an established OPV production line.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/perovskia-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds10 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perovskia