- Battery firm Cellerate plans substantial growth after winning investment from NPIF
- Cellerate automates vital tech work for battery research and technology scale-up
- Dr. Richard Fields founded Cellerate in 2020 to develop advanced automated systems for battery industry
- Received a £100,000 loan from NPIF to expand Manchester base and invest in equipment
- Cellerate aims to continue as an industry leader in advanced energy storage solutions
Battery Growth Investment: Cellerate’s Path to Success
In the realm of advanced energy storage solutions, Manchester-based Cellerate is making waves with its innovative approach to battery research and technology scale-up. Founded in 2020 by Dr. Richard Fields, a visionary in the field, Cellerate has set its sights on substantial growth following a significant investment through the Northern Powerhouse Investment Fund (NPIF).
Automating Vital Tech Work: Revolutionizing Battery Test Cell Manufacturing
Dr. Fields, with his background at Manchester’s National Graphene Institute, identified a critical need in the battery industry – the cumbersome and error-prone process of building battery test cells manually. To address this challenge, Cellerate has developed an automated battery test cell manufacturing system, streamlining operations, reducing human error, and saving valuable staff time.
The recent infusion of a £100,000 loan from NPIF – River & GC Microfinance, managed in partnership with GC Business Finance and River Capital, signifies a vote of confidence in Cellerate’s vision and capabilities. This investment will fuel the company’s expansion, bolster its Manchester base, and enable strategic investments in cutting-edge equipment to drive further innovation.
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Global Expansion: Pioneering Energy Storage Solutions Worldwide
Operating across the Americas, Europe, and Asia, Cellerate is already making a mark on the global stage with its advanced energy storage solutions. Dr. Fields expressed his enthusiasm for the company’s growth trajectory, emphasizing the positive impact Cellerate aims to make on the industry. With a focus on leveraging research to benefit corporations, government entities, and academic institutions, Cellerate is poised to lead the charge towards a more sustainable and efficient energy future.
Andy Nichols, senior loan manager at GC Business Finance, highlighted the significance of Cellerate’s success within the industry and its contribution to Manchester’s legacy of innovation. The company’s rapid ascent to becoming a global leader in the battery cell sector underscores its potential for continued growth and influence in the market.
A Bright Future Ahead: Nurturing Innovation in the North West
Debbie Sorby, senior manager at the British Business Bank, commended Cellerate for its industry-wide success and the demonstration of business innovation prowess in the North West region. The funding support from NPIF not only propels businesses like Cellerate towards expansion and impact but also fosters economic prosperity and growth in the region.
As Cellerate embarks on a new chapter of growth and development, the company’s dedication to innovation, efficiency, and sustainability remains unwavering. With a strong foundation, a visionary leader, and a commitment to excellence, Cellerate is poised to shape the future of energy storage solutions and continue its trajectory towards global recognition and influence.
Links to additional Resources: 1. https://www.automationanywhere.com/ 2. https://www.uipath.com/ 3. https://www.blueprism.com/