Tue. Jan 31st, 2023

IPG Secures £1M in Funding

IPG, a London, UK-based climate tech startup, raised £1M in funding.

The round was led by GreenTribe.

The company intends to use the funds to deliver the next phase of customer demonstration trials with its minimal viable product (MVP) to its growing list of early adopter customers.

Led by CEO Toby Gill, IPG is a British climate tech company tackling the energy transition via a flameless generator, which offers a viable alternative to diesel generators, a major contributor to carbon emissions of industries including construction and mining, data centres and grid balancing. Utilising IPG’s Flameless Combustion technology, its generator solution delivers pollutant-free power from any fuel. The funding followed the completion of IPG’s prototype project with National Highways and Cranfield University, where the pollutant-free and fuel-flexible benefits of IPG’s generator were proven.

FinSMEs

30/11/2022

SOURCE https://www.finsmes.com/2022/12/ipg-secures-1m-in-funding.html

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