"Solus Power Raises $28M for Battery Tech Development and Market Expansion"

Solus Power raises £22M in Funding for Battery Technology Development

Solus Power (Linkedin), a leading provider of portable electric vehicle charging solutions, has secured £22 million in funding to advance their sustainable energy practices. With a partnership with QinetiQ to explore defense applications, Solus Power is poised to make a significant impact in the growing EV market and off-grid power sectors.

Funding Amount: £22 million (US$28 million)

Industry: Libraries

Employee Count: 11-50

CEO: Neil Wishart (CEO Linkedin)

What Solus Power needs to buy: Companies specializing in battery technology research and development, manufacturing, supply chain management, and marketing and sales expertise are ideal partners for Solus Power. Collaborating with these companies will help Solus Power enhance their portable charging solutions, expand their production capabilities, and effectively reach their target markets in the EV and off-grid power sectors.