We are thrilled to confirm we have secured further investment from our existing investors and two new industrial partner investors Mattei Group (Mattei SPA) and Glacier Energy.
Our Executive Chairman Brian Jack says: “This additional capital will help us to supercharge the roll-out of our Advanced Liquid Air Energy Storage technology PRISMA, including its first deployment outside of the UK. It is particularly pleasing to see experienced industrial partners support us alongside our existing investors including Kelvin Capital and Scottish Enterprise”.
Simon Branch our CEO added: “This investment from two experienced global OEMs speaks volumes about how far Innovatium has come. We look forward to working closely with Glacier Energy and Mattei to scale our business and to expand the reach of PRISMA into the key grid-scale energy storage market.”
The next chapter in our story is going to be very exciting and fast-paced too.
If you would like to find out about how Innovatium can play a part in grid scale energy storage or reducing the carbon intensity of your industrial processes, please get in touch at: info@innovatium.co.uk
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