Sinergy Flow Secures €7 Million Funding for Long-Duration Energy Storage Development
Sinergy Flow has closed a €7 million late-seed funding round to enhance its long-duration energy storage technology. This investment aims to support the development and commercialization of its flow battery systems, addressing the need for reliable renewable power storage. The funding will help expand the team and accelerate technology validation and industrialization efforts, with contributions from CDP Venture Capital SGR, Exergon, 360 Capital, and Tech4Planet.
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Sinergy Flow has secured €7 million in a late-seed funding round to advance its flow battery technology for long-duration energy storage (LDES). This funding will enable the company to expand its team in engineering, research, and industrial operations while accelerating technology development and validation.
New investors CDP Venture Capital SGR and Exergon, along with existing investors 360 Capital and Tech4Planet, participated in this round. The focus on flow batteries is aimed at enhancing grid stability and supporting renewable energy integration. Sinergy Flow's strategy includes strengthening its industrialization roadmap to facilitate larger-scale manufacturing and commercial partnerships.
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