Estonia's Skeleton Technologies raises $48 million to fuel growth
2 Min Read TALLINN, Nov 3 (Reuters) - Estonian energy storage technology maker Skeleton Technologies said on Tuesday it has raised 41.3 million euros ($48 million) from a group of investors in one of the largest cleantech investment rounds in Europe this year. Tesla-rival Skeleton is the largest European manufacturer of ultracapacitor-based energy storage, the technology that enables the batteries of electric vehicles to fuel cars for longer. “We are not competing with lithium-ion batteries and hydrogen fuel cells; we are complementary in improving performance and lowering cost,” Chief Ex...
Source: reuters.com