£7.2M
The funding round was led by the Scottish National Investment Bank alongside participation from Par Equity, Orchard Venture Capital, and Scottish Enterprise.
Verlume develops subsea battery storage and intelligent energy management systems for the energy sector.
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.
Richard Knox
Chief Executive Officer
The funding round was led by the Scottish National Investment Bank alongside participation from Par Equity, Orchard Venture Capital, and Scottish Enterprise.
The oversubscribed funding round was led by Par Equity with participation from Orchard Venture Capital and Scottish Enterprise.