Index Ventures invests in energy storage startup Field
GBP200M
Deal Value
4.5 GW
Capacity
operating
Stage
Field, an energy storage startup, secured funding from Index Ventures, Lowercarbon Capital, and EQT Ventures. The investment aims to accelerate the transition to renewable energy by deploying energy storage solutions.
Source Intelligence
KEY DETAILS
The investment aims to accelerate its pipeline of grid-scale battery energy storage projects in the UK and Western Europe. Quote: "with proceeds aimed at accelerating its pipeline of grid-scale battery energy storage projects in the UK and Western Europe."
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Deal Size
Energy Storage Startup Field Raises £200 Million
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Capacity
The company has a 4.5 GWh pipeline of grid-scale battery energy storage projects in the UK and Western Europe
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Location
and is currently operating its first 20 MWh site in Oldham, Greater Manchester.
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Announcement
Mark Segal July 28, 2023
PARTIES MENTIONED IN SOURCE
D
DIF Capital Partners
investor
"Field announced a £200 million investment from infrastructure-focused investment manager DIF Capital Partners"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Mar 21, 2024
Signed
Closed
Counterparts (4)
Investor
Lowercarbon Capital
Lowercarbon Capital is a venture capital firm that invests in companies that are working to reduce c...
Index Ventures
Index Ventures is a venture capital firm that invests in visionaries across various industries. They...
EQT Ventures
EQT Ventures is a multi-stage venture capital firm that partners with ambitious founders throughout ...
Market Context
This deal is part of the Energy Storage sector in United Kingdom.
13
Energy Storage deals
94
deals in United Kingdom
Source
www.esgtoday.com
1 of 13 Energy Storage deals tracked this month · Updated daily
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