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Nested loop Smart decentralised energy storage for emerging markets

Venture Profil Nested loop image de Screenshot At

nested loop is a UK-based start-up democratising sustainable energy access in emerging markets. We are currently raising a £100k pre-seed round.

Over 1B people worldwide live with no or unstable connection to the grid. This has led to a proliferation of toxic generator usage – in Nigeria, the generator industry is worth £10B/year. nested loop will be launching in Lagos, Nigeria, where we plan to replace the 20M population’s generators.

With support from InnovateUK and multiple UK universities, we have met with many potential customers in Lagos and have a waiting list ready for launch in Jan 23. We are at TRL 5-6, with a fully prototyped smart hybrid energy storage unit, the nested loop 5. This is a 5kW system, designed for SMEs and homes, to be sold on an upfront and PAYG basis. It stores energy from multiple sources (like grid and solar), and makes energy decisions and prioritisation through smart IoT features.

Email alisa@nestedloopenergy.com for funding opportunities.

Secteurs Technologie propre, Technologies propres et énergie, Énergie renouvelable
Emplacement Birmingham, Royaume-Uni
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