Solus Power develops portable electric vehicle charging solutions and focuses on the generation, storage, management, and distribution of power for EVs. The company also offers off-grid solutions and aims to deliver energy mobilisation where it is critically needed. Headquartered in London with an engineering division at The Innovation Centre Warwick, Solus Power was established in 2020 and is led by CEO Stas Leonidou. It has signed a collaboration deal with QinetiQ, which is exploring its charging solution for defence use as militaries shift to more electrified fleets. Solus Power raised £22M (US$28M) and intends to use the funds to accelerate development of its battery technology. The company is committed to advancing sustainable energy practices.

Total raised

$29M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024