Highview Power Storage Limited announced that it has received £50.9803 million in funding from Sumitomo Heavy Industries, Ltd., TSK ELECTRÓNICA Y ELECTRICIDAD, S.A., Janus Continental Group, and others
February 08, 2021
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on February 9, 2021, Highview Power Storage Limited closed the transaction. The company raised £15,380,3000 in its final tranche from TSK ELECTRÓNICA Y ELECTRICIDAD, S.A., Janus Continental Group, and $5,500,000 (£4,005,595) from the original and founding investors. The company has raised over $70,000,000 (£50,980,300) in the transaction. The company has raised over $145,000,000 (£105,602,050) in funding till date including grants.
Sumitomo Heavy Industries, Ltd. specializes in the design, manufacturing and marketing of industrial and construction equipment. Net sales break down by family of products as follows:
- construction equipment (29.3%): hydraulic excavators, cranes, road machinery, etc.;
- precision machinery (20.8%): molding machines by injection, electric injection molding machines, medical use cyclotrons, etc.;
- equipment for environment protection (19.8%): energy generators, industrial wastewater processing systems, air pollution control units, etc.;
- machinery components (14.4%): power transmission and control systems (gears, power inverters, geared motors, gearboxes, etc.), motors, mechanical coupling systems, etc.;
- industrial equipment (11%): handling systems, logistic equipment, gas turbines, pumps, etc.;
- ships (4%);
- other (0.7%).
Highview Power Storage Limited announced that it has received £50.9803 million in funding from Sumitomo Heavy Industries, Ltd., TSK ELECTRÓNICA Y ELECTRICIDAD, S.A., Janus Continental Group, and others
SUMITOMO HEAVY INDUSTRIES, LTD. 
