Hub:raum: Munich-based phelas secures 4.1M for its long-duration energy storage tech

Munich-based phelas, a pioneer in the energy storage sector, announced Wednesday that it has secured €4.1M in a seed round of funding. The funding round is led by E44 Ventures, an Israeli climate tech fund, with participation from Axon Partners Group, Deutsche Telekom hub:raum Fund, BNV Partners, other investors, and existing angel investors. The German [...]