July 5, 2023
About:Energy Secures £1.5m Seed Investment to Position UK as Battery Data Leader (CDL-Oxford Climate ’23)
About:Energy, a battery technology company, has recently completed a successful seed funding round of £1.5 million. The financing will be allocated towards the rapid commercialisation and development of their software platform, The Voltt, which significantly reduces the cost to design new battery products through virtual prototyping. Shortening battery design timelines will contribute significantly to industry decarbonisation. The funds will also be used to scale their battery lab in London and expand the team. The round also included participation from Theodo CTO Fabrice Bernhard, Coltrane Asset Management Partners' Laura Webster, Mandeep Manku, Nick Banner, among many others.