Last deal

$31.3M
Local Amount - GBP 25M

Amount

Post-IPO Debt

Stage

02.05.2024

Date

13

all rounds

$134.5M

Total amount

General

About Company
Invinity Energy Systems Plc has developed a method to store electrical energy in liquid form.

Industry

Sector :

Subsector :

Keywords :

Also Known As

redT energy plc

founded date

01.01.2009

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Invinity Energy Systems Plc manufactures vanadium flow batteries that provide large-scale energy storage solutions for businesses, industries, and electricity networks. These highly scalable batteries are designed for high-utilization applications, ensuring reliable low-carbon renewable energy generation. Invinity's energy storage systems are safe, reliable, and cost-effective, with a range of sizes starting from 2 MWh. The company operates globally, serving customers in the UK, Europe, Africa, Asia, and Australia. Established in April 2020 through the merger of redT energy plc and Avalon Battery Corporation, Invinity has deployed over 65 MWh of systems across 70 sites in 14 countries. With operations in multiple countries and listings on the London Stock Exchange, Invinity is a key player in the global energy storage market.
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