Spintly Lands Global Investment With Silicon Valley’s RiSo Capital as Lead Investor
22 Apr, 2021
– Intelligent Power Generation (IPG) from Britain is developing a new turbine technology designed to accelerate the decarbonization of fuel-based power.
– Series A £2m funding round was led by a consortium of experienced angel investors.
– The company intends to use the funds for the continued development of its Flameless Ceramic Turbine, which is designed to deliver pollutant-free power from any fuel, enabling businesses to transition from natural gas sources to alternative fuels such as hydrogen and biogas.
– IPG is working with leading universities, government agencies and pioneering companies to bring distributed fuel-based power to market.