Slovakia’s Fuergy raises €16 million private equity to expand energy-as-a-service model
Fuergy, a Slovakia-based company providing energy storage and management solutions, has raised €16 million (US$17.4 million) from local private equity firm Pro Partners Holding. The fundraise, announced yesterday (23 January), is aimed at turning Fuergy’s smart battery storage product ‘brAIn’ “into a new green investment product and make it more affordable for a wider group of customers,” the firm said.

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