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Incubator/Accelerator
warwicksciencepark.co.uk

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Investments

3

About University of Warwick Science Park

University of Warwick Science Park provides an environment for knowledge and technology-based businesses to grow.

University of Warwick Science Park Headquarter Location

The Venture Centre University of Warwick Science Park Sir William Lyons Road

Coventry, England, CV4 7EZ,

United Kingdom

+44 (0) 24 7632 3000

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Latest University of Warwick Science Park News

Battery manufacturer chooses Warwick for first UK office

Mar 21, 2022

Battery manufacturer chooses Warwick for first UK office Slovakia-headquartered InoBat is eyeing up global expansion 03:00, 21 MAR 2022 Pictured: Jane Talbot, manager of the Warwick Innovation Centre, and InoBat's chief financial officer Paul Hancock Sign up to FREE email alerts from BusinessLive - West Midlands - articles, insight and analysis straight to your inbox every morning Something went wrong, please try again later.Invalid Email Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribing!We have more newsletters Show me See our privacy notice A European battery technology and manufacturing company has chosen Warwick for its first UK office as part of its global expansion plan. Slovakia-headquartered start-up InoBat has launched an office at the University of Warwick Science Park's Warwick Innovation Centre. The company, which designs, develops and manufactures advanced battery cells for electric vehicles, has a team of 60 staff, but has plans to scale-up quickly. Ten of its employees will be based at its new UK site. Paul Hancock, chief financial officer of InoBat, said: "We're extremely pleased to launch our first UK office. "The automotive industry has an incredibly strong presence in the Midlands, so it made sense for us to expand into the area. "Warwick Innovation Centre provides us with a central location, with tier one original equipment manufacturers (OEMs) JLR, Rolls Royce, Arrival and Lotus as well as a number of other key industry businesses located nearby, and we will benefit from the region's strong supply chains. It will also help facilitate our UK growth plans." Paul added: "The talent in the region is excellent and we are looking to recruit and build a team of capable and environmentally conscious minds that will helps us achieve our ambitious goals for a net zero environment in the near future." Sign up for your free West Midlands newsletter and follow us on LinkedIn Email newsletters BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire. InoBat works with clients in the aviation, premium automotive, light commercial vehicle and bus industries. The UK office will support the company's UK and European operations, while also targeting further growth in the USA and South Asia. Paul said: "Our growth projections require a strong team of automotive, aviation and infrastructure personnel, both globally and in the UK. The current team has a wealth of experience from their time working at OEMs including Nissan, Aston Martin, Rolls Royce, McLaren, JLR, WAE and Ricardo, all of which will support our success. "We are working on a number of exciting and innovative projects that will require us to expand and build large-scale gigafactories over the coming years." Jane Talbot, manager of the Warwick Innovation Centre, said: "We are very pleased to welcome InoBat and support the business as it continues to grow in the UK and beyond. "It is an extremely innovative company working at the cutting edge of the industry and we look forward to seeing the business capitalise on its success. "As well as benefitting from the Warwick Innovation Centre as the perfect location, we have a range of support we can offer to businesses that move here as well as a great network of like-minded, forward-thinking companies." Read More

University of Warwick Science Park Investments

3 Investments

University of Warwick Science Park has made 3 investments. Their latest investment was in Lightpoint Medical as part of their Seed on June 6, 2013.

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University of Warwick Science Park Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/25/2013

Seed

Lightpoint Medical

$0.27M

Yes

2

12/1/2005

Series A

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10

1/5/2001

Seed

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$99M

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10

Date

6/25/2013

12/1/2005

1/5/2001

Round

Seed

Series A

Seed

Company

Lightpoint Medical

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Amount

$0.27M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

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