Green Power Solutions secures £300k to expand sales and development teams
The Truro-based energy management provider secured backing from The FSE Group as part of a £300k round.
Share allotment filed at Companies House
Truro-based energy management solutions provider Green Power Solutions has created a software platform for monitoring off-grid industrial power systems.
Green Power Solutions has secured £300k in a funding round, which includes a £175k investment from the South West Investment Fund managed by The FSE Group. The capital will be deployed to expand capacity across sales, customer service, and in-house software development.
The Truro-based company provides a cloud-based energy management platform designed to help industrial operations dependent on off-grid power, particularly diesel generators. Its software integrates with existing hardware to offer remote monitoring, real-time alerts, and analytics to lower maintenance expenses and assist with emissions tracking.
Advis legal advice for the transaction was provided by Field Seymour Parkes, with solicitor Lauren Lashley representing the corporate team.
Investor perspective
"Green Power Solutions has demonstrated a proven market fit with its innovative software platform. The company’s strong customer base, robust distribution agreements, and motivated management team make it a compelling investment opportunity. We believe the business has the potential to deliver a significant return on investment, and we are excited to support them on this journey."
Anna Staevska
Investment Manager, The FSE Group
Use of funds
- 01Invest in sales and marketing
- 02Continue product development
Investors
Categories
About the company
Green Power Solutions
Green Power Solutions builds an energy management platform for off-grid industrial sites.