Trojan Energy is a UK-based startup that was founded in 2016 with a mission to facilitate the energy transition. The company's focus lies in enabling the switch to eMobility by offering the Trojan Electric Vehicle Charging System. This innovative system provides an equal opportunity for EV drivers without driveways to effectively charge at home, while also eliminating pavement clutter. It does not require municipal authorities to zone off parking spaces and allows network operators to manage power demand in real time. Trojan Energy aims to provide drivers with the confidence and practicality needed to transition to electric vehicles, ultimately supporting the global effort to reduce carbon emissions and improve air quality.
The company recently secured a significant £26.00M Venture Round investment on 16 January 2024 from a consortium of investors including SIS Ventures, Scottish Enterprise, Scottish National Investment Bank, Equity Gap, Alba Equity, and Business Growth Fund. Trojan Energy's commitment to addressing the lack of EV charging infrastructure within urban environments aligns with the growing demand for sustainable mobility solutions, making it an attractive prospect for investors looking to support initiatives that contribute to the transition to renewable energy and Net-Zero goals.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | £26.00M | 6 | Business Growth Fund | 16 Jan 2024 |
Grant | £500.00K | 1 | 01 Nov 2023 | |
Venture Round | £9.00M | 1 | 05 Sep 2022 | |
Venture Round | Unknown | 4 | Shancastle Investments | 01 Jan 2022 |
Seed Round | £2.20M | 4 | 18 Aug 2021 |
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