2 years ago
Powervault Secures £3.8M to Expand Battery Storage Solutions
Powervault, a London-based electricity storage company, raised £3.8M in funding led by Green Angel Syndicate and its Climate Change Fund
The company intends to use the funds to accelerate growth, expand operations and its business reach
Powervault designs and manufactures intelligent battery storage systems for homes and businesses to reduce electricity costs and CO2 emissions.
ProblemEnergy
"reducing both electricity costs and CO2 emissions for homeowners and businesses"
Solution
"intelligent battery storage systems that store surplus solar and wind electricity for later use, enabling control over electricity usage and cost reduction"