RFC Power Secures $13.5 Million in Latest Series A Funding Round

RFC Power secured $13.5 million in its latest Series A, adding another data point to the Energy Storage / Cleantech funding market.

RFC Power Raises $13.5 million in Funding

RFC Power, spun out of Ceres Power and rebranded Certain Energy, raised a GBP 10M Series A led by the British Business Bank for manganese flow battery storage.

Investors Behind the Funding

The round was backed by British Business Bank. Capvizr tracks this investor activity alongside sector momentum, co-investor patterns, and recent comparable raises.

Company Profile and Market Context

RFC Power operates in Energy Storage / Cleantech. Long-duration energy storage is attracting state-backed and utility capital as grids absorb more intermittent renewables. Manganese flow chemistry targets cheaper multi-hour storage than lithium-ion. Ceres retains roughly 37% of the spun-out entity.

Strategic Use of Funds

Commercialise manganese flow battery technology for grid stabilisation and low-renewable-output periods

Looking Ahead

Rebranded to Certain Energy at spin-out. GBP 10M converted at ~1.35 USD/GBP.

Source reference: original announcement/article.