Sweetch Energy, a European company that pioneers advanced nanotechnology and eco-material science to harness osmotic energy, announced that it has secured 5.2 million euros to initiate its industrialization phase and develop a first full-scale prototype. Osmotic energy represents a breakthrough in renewable energy as a non-intermittent and abundant source of clean electricity.
The investment round was supported by a group of deeptech and cleantech investors with a strong track record in backing...