UK - NWBIS invests in EA Technology Ventures
North West Business Scheme (NWBIS), managed by YFM Private Equity, has invested an undisclosed sum into funding vehicle EA Technology Ventures, part of the EA Technology Group.
Based in Chester, EA Technology Ventures is a vehicle that invests in companies across a wide range of energy related sectors, including energy efficiency, smart grid, and new energy distribution and storage technologies. The fund gives companies opportunities to develop their revolutionary product past the proof of concept stage and into the mainstream market.
The new capital will allow the vehicle to fund the commercialisation of a portfolio of opportunities, including systems that can improve the effectiveness and flexibility of energy distribution.
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