{"id":1476,"date":"2023-03-10T08:42:18","date_gmt":"2023-03-10T08:42:18","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=1476"},"modified":"2023-03-10T08:42:20","modified_gmt":"2023-03-10T08:42:20","slug":"powervault-secures-an-equity-investment-of-4-58-million","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/powervault-secures-an-equity-investment-of-4-58-million\/","title":{"rendered":"Powervault Secures An Equity Investment Of $4.58 Million."},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-52-1024x172.png\" alt=\"\" class=\"wp-image-1477\" width=\"298\" height=\"50\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-52-1024x172.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-52-300x50.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-52-768x129.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-52.png 1197w\" sizes=\"(max-width: 298px) 100vw, 298px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.powervault.co.uk\/\">Powervault<\/a>, a UK-based smart electricity storage company, has announced that it has closed a $4,587,000 scale-up investment round from existing and new investors, including <a href=\"https:\/\/greenangelsyndicate.com\/\">Green Angel Syndicate<\/a> and its Climate Change Fund.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"431\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-53-1024x431.png\" alt=\"\" class=\"wp-image-1478\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-53-1024x431.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-53-300x126.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-53-768x323.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-53.png 1193w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Powervault aims to establish itself as the undisputed UK market leader for highly functional intelligent battery storage in the brave new world of renewable energy, smart grid, the internet of things, and electric vehicles.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"813\" height=\"577\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-54.png\" alt=\"\" class=\"wp-image-1479\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-54.png 813w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-54-300x213.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/image-54-768x545.png 768w\" sizes=\"(max-width: 813px) 100vw, 813px\" \/><\/figure>\n\n\n\n<p>&#8220;This funding round was part of the plan in 2020 when we raised the Future Fund Convertible Loan Notes so long as the company successfully delivered over the next two years,&#8221; said <a href=\"https:\/\/www.linkedin.com\/in\/mark-ansell-15439465\/\">Mark Ansell<\/a>, Founder of Powervault. I am pleased to report that we have accomplished this, emerging from the difficult Covid years with a significantly enhanced product range that offers a market-leading price\/performance. We exceeded our revenue budget by more than 100% in 2022. We are now debt-free, cash-rich, and well-positioned to capitalize on the growth of the battery-based electricity storage market in the coming years\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powervault, a UK-based smart electricity storage company, has announced that it has closed a $4,587,000 scale-up investment round from existing and new investors, including Green Angel Syndicate and its Climate Change Fund. Powervault aims to establish itself as the undisputed UK market leader for highly functional intelligent battery storage in the brave new world of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Powervault Secures An Equity Investment Of $4.58 Million. - Founder Lodge Latest News Powervault Secures An Equity Investment Of $4.58 Million<\/title>\n<meta name=\"description\" content=\"Powervault, a UK-based smart electricity storage company, has announced that it has closed a $4,587,000 scale-up investment round from existing and new Powervault, a UK-based smart electricity storage company, has announced that it has closed a $4,587,000 scale-up investment round from existing and new investors, including Green Angel Syndicate and its Climate Change Fund.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/powervault-secures-an-equity-investment-of-4-58-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Powervault Secures An Equity Investment Of $4.58 Million. - 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