£832K
The Sutton Coldfield pre-order and pre-pay app surpassed its initial £250k target through 724 backers.
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The latest funding rounds from the UK tech ecosystem. Updated 30 October 2026.
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6,259
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£165B
disclosed amounts
This month
£1.1B
raised so far
The Sutton Coldfield pre-order and pre-pay app surpassed its initial £250k target through 724 backers.
The company has raised £2m in a funding round featuring a £725k growth loan from the Greater London Investment Fund.
"We’re delighted to close our £2m funding round including support from the Greater London Investment Fund. Greener energy is essential for a sustainable future and Powervault is a clean yet simple way for people and companies to save money and reduce CO2 emissions. We are at the start of a revolution in the way we generate and use energy. Electricity consumption is set to double as we move from heating our homes with gas and fuelling our cars with petrol to using clean renewable energy. To do this we need to store wind and solar power which often comes along at the wrong time. Powervault is key to achieving this."
The funding includes backing from Equity Gap, SIS Ventures, Alba Equity, the Scottish Investment Bank and Innovate UK.
"This is such an important milestone for Trojan Energy. Ever since we started this business, we have wanted to ensure that the benefits of the low carbon transition can be realised by everyone and not just those with a driveway. With this investment, our vision has moved a step closer. The rewards for our customers and our planet will be massive and prove the point that a big idea and great engineering can change the world."
The company secured a final £2m tranche from the Becht Family Charitable Trust to bring total Series A funding to £3.8m.
The oversubscribed round was led by West Hill Capital to support team expansion and product development.
"We are experiencing significantly faster adoption of our technology with deal cycle time considerably reduced. This funding round will enable us to fast track our expansion plans and develop new functionality in order to meet growing demand."