VFlowTech, a Singapore-based vanadium-based redox flow battery provider, has raised US$10 million in a Series A funding round led by Real Tech Holdings to enhance production capacity and expand into new markets.
Information on the Target
VFlowTech, headquartered in Singapore, is a prominent provider of vanadium-based redox flow batteries, which are crucial for long-duration energy storage applications. The company focuses on developing innovative solutions that leverage vanadium for enhanced energy efficiency and sustainability.
Recently, VFlowTech successfully secured US$10 million in a Series A funding round, which will significantly bolster its production capabilities and market expansion initiatives.
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Industry Overview in Singapore
The energy storage industry in Singapore is evolving rapidly, driven by the increasing demand for renewable energy solutions. As the government aims for sustaina
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Real Tech Holdings
invested in
VFlowTech
in 2023
in a Series A deal
Disclosed details
Transaction Size: $10M