FutureE Fuel Cell Solutions gains an undisclosed amount from a T-Venture-led consortium.
T-Venture, the corporate venturing unit of Germany-based phone operator Deutsche Telekom, has joined a consortium investing an undisclosed amount in local clean-tech company FutureE Fuel Cell Solutions’ series B round.
The other members of the consortium are UK-based Entrepreneurs Fund, which is a member of the Cofra holding group managing long-term investments on behalf of the Brenninkmeijer family, and German state bank KfW.
Deutsche Telekom’s Power & Air Condition Solution Management subsidiary bought one of FutureE’s fuel cells in…