Energy Drive Secures £20m Investment From Pears Family - CleanTechnica
Summary
Energy Drive secured £20 million from Pears Family to support its next phase of growth. The company will use part of the capital to repurchase stakes from some founding shareholders and a South African private equity investor. It will also fund expansion across Europe and North America and add operational capacity for that growth. Energy Drive sells industrial motor optimization as a service, with remote monitoring and guaranteed energy savings for clients in mining, metals, manufacturing, chemicals, and utilities.
Funding
Amount
$27.1M
Total raised
Date
June 3, 2025
Announcement date
Investors
-
Lead investors
Company
https://energydrivesystems.com/
Funded company
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