3 years ago
Innovatium Secures £900K to Develop Liquid Air Battery Technology
Innovatium, a Glasgow-based technology business company, raised £900K in funding led by Kelvin Capital and Scottish Enterprise
The company will use the funds to continue developing its liquid air battery technology and scale its team to build productionized units for clients
Innovatium develops energy efficient technologies that deliver meaningful reductions in clients' carbon footprints, including its PRISMA technology, a compressed air system that reduces energy costs and carbon emissions.
ProblemTechnology
"Innovatium aims to reduce carbon footprints and energy costs by developing energy-efficient technologies."
Solution
"Innovatium's PRISMA technology is a bolt-on Compressed Air System that combines energy storage and compressed air to provide significant energy savings and hours of back-up energy storage."