Here’s VFlowTech. This Singapore-based firm offers sustainable, affordable, and scalable long-duration energy storage solutions. And now, they just raised $20.5M!

Investor check. Granite Asia led the round, while Antares Ventures, EDBI, MOL PLUS, PSA Ventures, inci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First joined in!

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🪫 The ABCs of VFlowTech

Energy storage solutions are critical to maximize the potential of renewable energies.

That’s why it’s important to have battery systems that are reliable, scalable, and cost-efficient. 

• Where VFlowTech comes in. Their proprietary vanadium redox flow batteries (VRFBs) can be used in EV car charging, grid balancing, solar and wind farms, and more!

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💰 What’s with the $$$? 

VFlowTech will be able to scale the manufacturing and deployment of their VRFBs. 

They’ll also strengthen their AI-powered cloud energy management platform to enable customers to optimize energy use, engage in energy trading, and enhance the ROI of energy storage systems. 

• Oh, and they’ll also develop critical supply chains, including vanadium recycling, electrolyte innovation, and membrane advancements. 

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👋 Hello, new markets

With the funding, they’ll expand across Asia, the Middle East, and other global markets. 

• Oh, and they’ll also expand their commercial team and deepen their presence in key sectors like utilities and grid-scale storage, renewable integration, and industrial decarbonization.