Innovatium, a Scottish technology business focused on reducing the carbon impact of industrial processes, has secured over £900,000 of new investment to enhance its new liquid air battery technology .
Led by the investment syndicate Kelvin Capital, alongside co-investment partners Scottish Enterprise, the funding round will support the continued development of Innovatium’s ground-breaking Liquid Air Energy Storage System called the PRISMA Air Battery. The funding will also be used to scale the already experienced team to assist in the build of productionised units for identified clients.
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