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Granarium Technologies raises EUR 1 million in a seed round led by BSV Ventures to commercialise renewable supercapacitors for grid stability.
Amount Raised
€1 Million
Round Type
seed
Investors
Description
Granarium Technologies has raised over EUR 1 million in a pre-seed round led by BSV Ventures, with participation from Beamline, FiBAN, EstBAN, and LatBAN. This funding will be used to industrialise their patented renewable supercapacitor technology for grid stabilisation and industrial applications. The startup originates from VTT and utilises nanocellulose-based energy storage technology. Their approach aims to address the growing demands for fast-response power storage amidst increasing grid volatility across Europe.
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