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GL

Greater London Investment Fund

Government

A debt fund managed by The FSE Group on behalf of Funding London.

Portfolio

1

companies

By category

  • CleanTech£2.0M

By location

  • London£2.0M

Portfolio companies

P

Powervault

Powervault builds smart energy storage batteries for residential properties.


Recent investments

£2.0M

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."
— Joe Warren, CEO