What does Salzstrom do?
Salzstrom is a cleantech company specializing in the development of sodium-ion residential battery storage systems, designed to provide efficient energy solutions for homes.
How much did they raise?
The company raised over $1M in Pre-Seed funding, with Erste Bank as the lead investor and contributions from other participants, marking an important early-stage investment round.
What are their plans for the money?
Salzstrom plans to use the funds to expand its research and development efforts, potentially accelerating the innovation and deployment of advanced battery storage solutions in the residential energy market.
What have they achieved so far?
The company has already developed sodium-ion residential battery storage systems, demonstrating a significant milestone in its mission to innovate within the cleantech sector.