Sunamp banks £6 million in Series B funding

Equity Gap portfolio company Sunamp has received a £6m convertible loan note investment from the Scottish National Investment Bank, which will be used to increase its sales in the UK, scale up production, and to accelerate international expansion into China, the Americas and continental Europe.

The Tranent-based thermal storage technologies company is already active in 17 countries and has so far shipped more than 15 thousand thermal batteries for the residential market.

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