Arago Technology
Arago Technology is a platform technology which has been exemplified in its first product offering which is an electrically insulating.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Arago Technology Information
Geographic Data
Address:
City: Manchester
State: Manchester
Zip:
Country: United Kingdom
Financial Info
Stage:
series unknown
Raised Last:
$495k
Raised Total:$495k
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Description
Arago’s technology is a platform technology which has been exemplified in its first product offering which is an electrically insulating composite cross-arm for transmission towers. This approach allows tower voltages to be increased without any change to the overall profile of the tower structure or height. It is hoped that rolling out the technology will enable National Grid and other global transmission companies to begin to meet the 50% increase* in electrical energy that is anticipated to flow through the electricity system to facilitate the decarbonisation of energy and the introduction of electric vehicles/heat pumps by 2050.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2013 | Venture Round | $0 |
MTI Ventures MTI Ventures |
7/2013 | Venture Round | 1 | $494.6k |
MTI Ventures MTI Ventures |
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