Almer

Palmer Energy Technology Secures €5.7M Series A, Acquires Brill Power

Palmer Energy Technology Limited (PETL), a UK-based battery energy storage system startup, has acquired Oxford University spin-out Brill Power.

Palmer Energy Technology Secures €5.7M Series A, Acquires Brill Power

Palmer Energy Technology secured €5.7 million in Series A funding. This investment supported its strategic acquisition of Oxford University spin-out Brill Power. FirstGroup Energy, Barclays Climate Ventures, and the University of Oxford co-led the round.

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