Axel Johnson AxSol, Skellefteå Kraft, and Utvecklingsklustret invest in Emulate Energy
Aug 15, 2022: Lund- and Boston-based startup Emulate Energy raise 22 MSEK An obstacle to 100% renewable energy is the ability to store energy on a mass scale. Emulate has developed an algorithm that emulates a physical battery by utilizing changes in electricity demand. Instead of relying on raw materials to build physical batteries, Emulate’s virtual battery tackles energy storage challenges by deploying cutting-edge research…