Intelligent Energy raises $30 million to commercialize fuel cells

摘要

According to Intelligent Energy CEO Henri Winand, the company has raised S30 million at a material uplift in price received per ordinary share compared to previous funding rounds. The money raised from both existing and new investors will be used to provide for the next stage of Intelligent Energy's growth, as it accelerates the commercialization of its fuel cell power systems into its targeted mass markets.