Utility Week: Former SSE boss helps Powervault hit £750k target in seven days
Former SSE chief executive Ian Marchant is among new investors in energy storage company Powervault, which hit its £750,000 funding target just seven days after launch and is now ‘over-funding’.
Powervault said it had secured further investment from Green Angel Syndicate – the only specialist cleantech investor in the UK – which has pledged £195,000 through crowdfunding platform Crowdcube.