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Bramble Energy raises £35m Series B funding round

News, by AlbionVC

UCL Tech Fund

Posted

Bramble Energy, a UCL Technology Fund portfolio company, has raised a £35m Series B round to support net zero mission with adoption of hydrogen at scale. 

The new funding, led by HydrogenOne Capital and supported by the existing institutional investors BGF, IP Group, Inc., Parkwalk Advisors and us at the UCL Technology Fund, will enable Bramble to roll out its portable power products globally as well as continue to develop its liquid cooled fuel cell stack capabilities.

“The recent Series B funding round allows us to continue solving some of the greatest barriers to the adoption of fuel cells – through our ground-breaking manufacturing route, scale-up potential and low-cost production.”

Dr Tom Mason, CEO and co-founder Bramble Energy

David Grimm, Investor at the UCL Technology Fund, said: “It’s been such a pleasure to see a team and technology I first met when they were working from a basement lab in UCL build such an impressive business. Tom Mason and Vidal Bharath are two hugely talented individuals who have taken ground breaking research and turned it into real products. From the bench top models I saw back in 2018 to units that now power lighting rigs and cctv cameras across the country and even the first Bramble powered van. What a privilege to be a part of their journey!”

Tech.eu has more here

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