Trojan Energy secures £2.2m in a seed follow-on round led by Equity Gap to expand its electric vehicle charging network.
The funding round was led by Equity Gap with participation from Scottish Enterprise, SIS Ventures and Alba Equity.
Trojan Energy develops flat-and-flush on-street electric vehicle charging infrastructure designed to keep pavements clear of clutter. The firm provides kerbside charging solutions for urban households without private driveways.
Trojan Energy has secured £2.2m in a seed follow-on funding round led by Equity Gap. The capital will be deployed to scale up volume manufacturing, expand the workforce and deploy additional charging hubs across more regions.
The investment follows the deployment of the company technology on streets in the London boroughs of Brent and Camden. Additional backing for the round came from Scottish Enterprise, SIS Ventures and Alba Equity.
The firm intends to refine its hardware to reduce cabinet sizes and lower costs while increasing availability for drivers without driveways. The latest injection of capital supports ongoing efforts to accelerate the transition to clean energy across the UK.
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
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About the company
Trojan Energy
Trojan Energy manufactures flat-and-flush electric vehicle charging hubs for urban streets.