Highview Logo 2016 - Transparent

In September 2014 Highview raised £767,949 – 193% of its initial £400,000 target – to provide working capital during the construction of its commercial demonstrator plant.

The story

Most of us have heard the anecdote about vast dams in Wales releasing water to provide hydropower to support the National Grid when millions of Britons turn on their kettles during the Coronation Street commercial break.

This is just one example of the National Grid balancing supply with demand of electricity, showing the need for ways to respond to peak demand and effectively store excess energy during periods of low demand. This animation demonstrates exactly how the system works.

Highview is an awardwinning designer and developer of utility-scale energy storage and power systems that use liquefied air as the storage medium. Highview’s solution provides additional flexibility as it goes beyond geography-bound energy storage and uses liquid air which, when reheated, expands significantly, providing the force to drive turbines and support the grid as it balances energy demand and supply.

Prior to this round, Highview had received £17.7m in public and private funding, excluding the recent £8.1m contract with the Department of Energy and Climate Change.

Highview Liquid Air Storage

Where are they now?

In December 2014 Highview Power Storage signed a licence agreement with leading US clean coal technology provider, Advanced Emissions Solutions, Inc. of Denver, Colorado, through its subsidiary ADA-ES which also invested £1.75m into the company. The licence agreement is for grid-connected LAES non-peaker plant storage applications covering North America (US, Canada and Mexico). ADA-ES, the leading clean coal technology specialists, are broadening their offering with their investment in Highview at a time when energy storage is proving to have a significant role to play in the electricity market, to help balance electricity systems and support intermittent renewables.

The world’s largest cryogenic energy facility

In Q4 2016 Highview announced that it will build the world’s largest cryogenic energy storage plant near Manchester. Once complete, the new GigaPlant should have enough capacity to help power a city for six hours, says company CEO Gareth Brett.

Details can be found in the following media coverage:

2017 funding from Innovate UK

In August 2017, Highview was awarded £1.5 million from Innovate UK for new Hybrid LAES system to respond to frequency response market. The aim of the project is to test performance and economics and it will be operational by Summer 2018.

See current opportunities

Pulsar

EIS
Technology, Hardware & Equipment
“Making the world a brighter place, one LED at a time”, Pulsar specialises in providing long-lasting lighting where light failure would be highly visible, or light replacement is complex, dangerous or costly to remedy (e.g. high rise buildings, bridges, etc.)

Insolvency Proceedings

Trading status

£22,076

Average investment

£618,120

Total raised

Captive Media

EIS
Media & Telecommunications
Captive Media, the innovative company putting games into men's urinals, has successfully raised over £323,216, in their second raise, from angels and sophisticated investors on SyndicateRoom.

Dissolved

Trading status

£9,794

Average investment

£323,216

Total raised

Oval Medical Technologies

EIS
Medtech
Oval Medical Technologies have developed a unique self-injector that’s small and easy to use, especially by patients who are frightened of needles.

Acquired

Trading status

£14,160

Average investment

£1,118,647

Total raised

Natural Immune Products

EIS
FMCG
Natural Immune Products producers of 100% natural, immunity-strengthening drinks for children.

Active

Trading status

£21,619

Average investment

£172,949

Total raised

Inform Direct

EIS
Financial Services
Inform Direct, who make dealing with companies house easy, has successfully raised £450k from angels and sophisticated investors on SyndicateRoom.

Active

Trading status

£15,517

Average investment

£450,000

Total raised

Invrep

SEIS
Financial Services
Invrep, the company determined to make reporting to investors as straightforward as possible, has successfully closed its SEIS funding round with help from angels and sophisticated investors on SyndicateRoom.

Active

Trading status

£8,824

Average investment

£150,000

Total raised