Companies

Milan-based Power Dome closes second tranche of Sequence B funding at €15M for its CO2 battery undertaking


Milan-based Power Dome, the corporate behind the CO2 Battery, introduced on Thursday that it has closed the second tranche of Sequence B funding at €15M, bringing the general spherical to a complete of €55M. 

The announcement comes three months after elevating the primary tranche of the Sequence B spherical at €40M in April. 

The traders who participated within the Sequence B spherical (first and second tranche) consists of EniNext (Eni), NEVA SGR, Japan Power Fund, Barclays’ Sustainable Influence Capital (Barclays), CDP Enterprise Capital SGR, 360 Capital, NOVUM CAPITAL PARTNERS SA, Gruppo Brixia, Elemental Excelerator, IDO Investments , Vopak Ventures (Vopak), and traders supported by SAGANA.

Innovation Improvement Oman Investments, the enterprise capital arm of Oman Funding Authority, the sovereign wealth fund of the Sultanate of Oman, additionally participated within the second tranche.

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Vignesh R.
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