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875 AI power demand fuels Nyobolt turnaround as the firm raises £22.6m

UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 04/16/2025 04:44 EDT

AI power demand fuels Nyobolt turnaround as the firm raises £22.6m

Cambridge-based fast-charging battery firm Nyobolt has secured $30m (£22.6m) in fresh funding months after warning new investment would be needed to keep operating. Though the company warned in January that it was at risk of running out of funds in early 2025 in its most recent financial accounts, Nyobolt said it saw significant opportunity in ...

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