Aura Power Raises £10M to Expand Operations and Develop Renewable Energy Projects

Aura Power Receives £10M Investment from Novuna Business Finance

Key Highlights:

• Investment: Aura Power, a developer of renewable energy projects, secured a £10M investment from Novuna Business Finance.
• Expansion Plans: The funding will be used to expand operations and support the development of renewable energy projects.
• Global Presence: Aura Power has around 12GW of active utility-scale solar PV and battery energy storage projects in development worldwide.

Aura Power's Target Market

• Renewable Energy Industry: Collaborating with utility companies, governments, and organizations committed to transitioning to clean energy sources.
• Global Energy Market: Targeting countries and regions with a growing demand for renewable energy solutions and infrastructure.
• Engineering and Construction Firms: Partnering with engineering firms, like ib Vogt, for joint venture projects and expertise in renewable energy development.

What Aura Power Needs to Buy

• Project Development Resources: Investing in resources and technologies to support the development of utility-scale solar PV and battery energy storage projects.
• Partnerships and Collaborations: Collaborating with engineering firms, financial institutions, and government agencies to expand project pipelines and secure funding.
• Market Research and Analysis: Engaging with market research firms to identify new opportunities and assess the feasibility of renewable energy projects in different regions.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.