Aquabattery, an Alphen aan den Rijn, the Netherlands-based local weather tech startup creating a saltwater lengthy period power storage (LDES) resolution, raised €6M in Seed funding.
The spherical was led by EIT InnoEnergy and supported by InnovationQuarter, Make investments-NL, Init Energy, and a gaggle of enterprise angels.
The corporate intends to make use of the funds to increase operations and its growth efforts.
Led by Jiajun Cen, CEO and Emil Goosen, COO, Aquabattery is creating a novel circulate battery that may retailer clear electrical energy in desk salt and water for 8 hours or longer. When charged, the battery converts saltwater into acid and base and reverses the method when discharged.
The corporate is making ready to launch its fourth pilot battery in Delft later this autumn.
FinSMEs
23/04/2024
