Tropical Closes First Investment Round

Tropical S.A., an Athens, Greece-based developer of distributed power generation products and solutions, has closed its first investment round with an independent private investor.

The company intends to use the capital for international expansion and commercial launch of its brand new products.

Led by Chairman and CEO George Lagios, Tropical has a product portfolio that consists of a Fuel Cell Power Systems, Electric & Fuel Cell Vehicles and Commercial Vehicle A/C & Refrigeration Systems. The Fuel Cell Power Systems can use as primary fuel hydrogen, methanol, propane, natural gas & LPG to power both stationary and portable applications in the range of 1W to 20KW. The company also deploys Hydrogen Fuel Cells to power electric cars, scooters and boats.

FinSMEs

30/03/2012

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