Investment 2022
Register your pre-interest at Crowdcube
Power Transition raised £165K pre-seed funding in 2018 match funded by Innovate UK. Funds were used for a commercial pilot to develop and deploy its technology across a 47-home eco-development in Corby. We raised a further £300K via Crowdcube in 2020 and £320K up to Q3 2022 to support further R&D and the development of the platform ready for early commercial rollout.
We are now seeking a further £2m "late seed" funding round in exchange for 25% of the business.
The investment will be used to support transitioning from proof of concept to market-ready platform, deployment of BRE Smart MicroGrid, Overseas Demonstrators (including Tata Power), EV fleet charging pilot projects, and the extensive hardware integration requirements needed for full commercialisation.
To find out more, get in touch.