What is Power Roll?
Power Roll has engineered a distinctive, flexible, and lightweight solar film technology. This versatile film is capable of producing ultra-low-cost green electricity. Beyond its primary function in power generation, the film's adaptable microgroove design allows for the application of different coatings, enabling its use in energy storage solutions and the manufacturing of capacitors. The company's technology is well-suited for a broad range of applications, including integration into buildings, transport systems, portable devices, off-grid projects, and Internet of Things (IoT) sensors, positioning it as a key player in the distributed energy generation market.
How much funding has Power Roll raised?
Power Roll has raised a total of $7M across 3 funding rounds:
Other Financing Round
$2.6M
Debt
$1M
Unspecified
$3.4M
Other Financing Round (2020): $2.6M with participation from Green Angel Syndicate, Maven Capital Partners UK, NorthInvest, Acceleris Capital, and Greenwood Way Capital
Debt (2020): $1M led by Future Fund
Unspecified (2021): $3.4M supported by North East Development Capital Fund, Maven, and Finance Durham Fund
Key Investors in Power Roll
Green Angel Syndicate
Green Angel Syndicate is an investor focused on environmental technologies and sustainable solutions, likely providing strategic backing for Power Roll's green electricity initiatives.
Maven Capital Partners UK
Maven Capital Partners UK LLP operates in the Venture Capital & Private Equity space, suggesting a role in supporting Power Roll's growth and scaling objectives through financial and strategic guidance.
North East Development Capital Fund
The North East Development Capital Fund invests in ambitious businesses within the region, aiming to foster growth and job creation, indicating a commitment to supporting Power Roll's regional economic impact.
What's next for Power Roll?
With the recent major strategic investment and substantial total funding, Power Roll is poised for significant expansion. The company's focus will likely be on scaling manufacturing capabilities to meet growing demand for its cost-effective solar film. Further research and development may also target enhanced energy storage and capacitor applications, broadening its market reach. This strategic financing round is expected to accelerate Power Roll's path to commercialization and solidify its position in the competitive renewable energy sector, driving innovation in affordable green electricity.
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