Atraverda Raises Second Round

Atraverda, a South Wales-based advanced materials company, has raised Gbp10.4 million in Series B funding. BankInvest New Energy Solutions (Denmark) and Espirito Santo Ventures (Portugal) co-led the round, and were joined by return backers Scottish Equity Partners, Chord Capital, Finance Wales, EnerTech Capital and OnPoint Technologies. Atraverda has developed a platform technology with a range of commercial cleantech applications in the power storage, water treatment and construction markets.  

PRESS RELEASE
Atraverda, an Advanced Materials Company, based in South Wales, UK, today announced it has closed its Series B financing round with a total of