Finnish startup Cactos raises over €26M to increase its battery energy storage system portfolio
The increasing popularity of electric vehicles, combined with the volatile energy markets, is boosting the demand for smart energy storage systems.HELSINKI, Finland (January 11th, 2023) Cactos , a developer of smart energy storage systems, has raised over €26M worth of equity investments in its Cactos Fleet Finland Limited Partnership (Company) to finance the growth of its battery energy storage system portfolio. Lead investors in the round are OP Finland Infrastructure LP and the Finnish Climate Fund. Cactos Fleet Finland LP aims to raise a total of €70M in capital,