£7.2M
The funding round was led by the Scottish National Investment Bank alongside participation from Par Equity, Orchard Venture Capital, and Scottish Enterprise.
V
Verlume
Verlume develops subsea battery storage and intelligent energy management systems for the energy sector.
Aberdeen, UK—Founded 2013
£9.7MTotal raised
Verlume develops subsea battery storage and intelligent energy management systems designed to support renewable integration and offshore decarbonisation. Its technology captures and stores power from intermittent sources like offshore wind to improve operational efficiency.
Categories
Team
Richard Knox
Chief Executive Officer
Richard brings engineering and operating experience from Verlume, GE Oil & Gas, and Weir Pumps.
LinkedInInvestors
- £7.2M
- £2.5M
Funding history
£2.5M
The oversubscribed funding round was led by Par Equity with participation from Orchard Venture Capital and Scottish Enterprise.