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UK-based perovskite technology developer Oxford PV has closed an £8 million (US$12.15 million) first-tranche B equity round to continue to develop its solar perovskite technology. The round doubles the amount of equity investment Oxford PV has raised to date. The hype surrounding PV applications of perovskites continues to build, with leading perovskite technology developer Oxford PV closing a new investment round in order to continue to roll out its technology.