Innovatium Secures Over £900K in Funding
- Innovatium, a Glasgow, Scotland, UK-based technology business company, raised £900K in funding
- The round was led by Kelvin Capital and Scottish Enterprise
- The company intend sto use the funds to continue development of its new liquid air battery technology and to scale the team to assist in the build of productionized units for identified clients
- The company is a technology development business developing energy efficient technologies which deliver meaningful reductions in clients’ carbon footprints
- The new technology, PRISMA, is a type of bolt-on Compressed Air System that combines energy storage and compressed air, providing users significant energy savings
- The company is based in Glasgow with a design office based in Oxfordshire
