Battery technology pioneer wins £900k backing

Battery technology pioneer Allye has raised £900,000 in funding. The London firm incorporates repurposed electric vehicle batteries into distributed energy systems which are held in mobile storage. Elbow Beach Capital, a decarbonisation, sustainability and social impact investor, invested £650k and was supported by Alpha Future Funds. Allye’s intelligent battery systems aim to provide grid resiliency … Continue reading Battery technology pioneer wins £900k backing