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.
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Counterparts (4)
Investor
Index Ventures
Index Ventures is a venture capital firm that invests in visionaries across various industries. They focus on the people behind great ideas and partner with entrepreneurs to realize their vision.
EQT Ventures
EQT Ventures is a multi-stage venture capital firm that partners with ambitious founders throughout Europe and the US. The firm invests in a wide range of sectors.
Lowercarbon Capital
Lowercarbon Capital is a venture capital firm that invests in companies that are working to reduce carbon emissions and reverse climate change. They invest across a range of sectors, including energy, transportation, agriculture, and manufacturing.
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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
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