Trojan Energy secures £4.1m seed funding to deploy street-level electric vehicle chargers
The funding includes backing from Equity Gap, SIS Ventures, Alba Equity, the Scottish Investment Bank and Innovate UK.
Share allotment filed at Companies House
Trojan Energy develops flat and flush on-street charging points for electric vehicles. The company is based in Aberdeen.
Trojan Energy has secured £4.1m in seed funding to support the deployment of its street-level electric vehicle chargers. The investment comprises a £1m injection backed by Equity Gap, SIS Ventures, Alba Equity and the Scottish Investment Bank, alongside £3.1m awarded by Innovate UK.
The capital will enable the firm to expand its flat and flush charging infrastructure for motorists lacking off-street parking. Based in Aberdeen, the business aims to facilitate urban electric vehicle adoption and contribute to national decarbonisation goals.
From the founder
"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."
Ian Mackenzie
CEO at Trojan Energy
Use of funds
- 01Build out infrastructure
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About the company
Trojan Energy
Trojan Energy manufactures flush street-level charging points for electric vehicles.