article thumbnail

Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

Green Car Congress

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 The financing will be used for production scale-up and product development in addition to sales and marketing efforts. SkelCap ultracapacitor cells are available in ranges from 250F to 3500F.

Financing 247
article thumbnail

ABB, KredEx and Estonia’s Ministry of Economic Affairs deploy first of 200 web-managed DC fast chargers in Estonia

Green Car Congress

Power and automation technology group ABB, KredEx and the Ministry of Economic Affairs of Estonia, announced the first public installation of an ABB Terra 51 DC fast charging station for electric vehicles in Estonia. Earlier post.). ABB won the original tender together with its partners G4S and NOW!

Estonia 255
article thumbnail

Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

Green Car Congress

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. The total financing in Round D now amounts to €70.4 —Taavi Madiberk, CEO and co-founder of Skeleton Technologies. This additional internal funding follows the initial €41.3-million

Estonia 186