Currently reading: Nyobolt raises £23 million investment to supercharge growth

Fast-charging and energy storage company will use funding to develop technologies and grow its staff

Fast-charging tech start-up Nyobolt has raised $30 million (£22.6m) in funding from venture capital firms and partners such as truck maker Scania to accelerate its growth.

The Cambridgeshire-based firm, which last year made $9m (£6.8m) in revenue, said it will use the investment to grow its team and develop its energy storage and EV charging technologies.

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