FutureE Fuel Cell Solutions GmbH, a Nürtingen, Germany-based company that develops, manufactures and markets innovative fuel cell systems which are used in many fields, including telecommunications, to provide uninterrupted power, has received an equity financing of undisclosed amount.
Investors include T-Venture, Entrepreneurs Fund (London) and KfW.
The company intends to use the funds for the market development launch of its Jupiter fuel cell system and for other technological developments.
Jupiter is a highly customizable fuel cell system, which can be configured to produce between 0.5 up to 50 kW. The first systems are installed today as back-up facilities that protect critical communication institutions as well as industrial facilities against power failures.