8 years ago
Vantage Power Raises £2.5M to Scale Hybrid Powertrain Manufacturing for Buses
Vantage Power, a hybrid powertrain manufacturer for buses, has raised £2.5m in funding led by former CEO of Barclays Corporate Banking Mr John Winter, with participation from the Angel CoFund and Dr
Till Becker
The company plans to use the funds to develop technology, hire professionals, and scale its business.
ProblemTransportation and Logistics
"making traditional diesel buses more fuel-efficient"
Solution
"converting four traditional diesel buses into fuel-efficient hybrids for the cost of one new bus, providing remote control and telemetry for streamlined fleet management, maintenance, fuel economy and emissions"