November 22, 2022
Sympower fuels up to €25 million in Series B funding
BIG 💰NEWS! our portfolio company Sympower tops up Series B financing to €25 million amid European energy crisis
Just a few months after a €22 mn round in mid-July and a €2.3 million grant from the European Innovation Council (EIC) Accelerator program only a month ago ⚡Sympower secured an additional €3 million from Activate Capital, PDENH and of course #Rubio 🤗
For Rubio this is our 4th!! investment in Sympower since our initial investment in 2019, and Sympower continues to exceed our expectations. Sympower is on its way to radically transform the way we currently deal with balancing the grid (for the uninitiated: it’s gas turbine power plants…!) – and this is exactly what the environment needs.
👉 Read the full press release here: https://lnkd.in/eUtB5YrE