Photoncycle raises 5 MEUR

(Oslo, is developing a space-effective and autonomous energy system powered by the sun): Has raised 5 MEUR in a funding round from Lifeline Ventures, Momentum Partners, Eviny Ventures and Luminar Ventures with members Magnus Bergman and Louise Hagen. “The team’s groundbreaking work in energy storage has the potential to revolutionize how we approach renewable energy, making European households energy self-sufficient,” comments Jacob Key, Founding Partner at Luminar Ventures.