The round included backing from existing investor, clean tech asset management group I2BF and SC Green Tech Ventures, an investment arm of Sumitomo Corporation.
UK-based fuel cell developer Acal Energy has raised £3.25m ($5.2m) in its latest round of venture funding, with participation from existing investors including clean tech asset management group I2BF and SC Green Tech Ventures, an investment arm of Sumitomo Corporation.
Other investors include the North West Fund for Energy and Environmental and the PFCC2, both of which are managed by CT Investment Partners.
The latest round brings Acal’s total venture funding to £13.65m ($21.85m), which has been raised over four…
