Moixa, one of the UK’s leading smart battery companies, was supported by the fund to grow its operations and the investment enabled the establishment of a new office in Salford.

The office drives the company’s growth in the NorthWest by offering solar and storage products to private customers and pursuing multi-thousand unit deployments with social housing clients. The company has gone on to partner up with Itochu, a Japanese Fortune 500 company, allowing Moixa to expand into the Japanese battery market.

Simon Daniel, Moixa CEO, said: “Greater Manchester provides an excellent location and talent pool to support Moixa’s nationwide solar battery customer operations and opportunities to work with local suppliers and regional housing to save energy cost and carbon. It will also help us grow support for international customers such as Itochu using our GridShare software to manage batteries.”