Emerald Horizon has successfully initiated the first of its two final capital rounds. Of the total €225 million planned, €75 million have now been offered for subscription. Investors can secure shares in Emerald Horizon AG through a binding term sheet process.
The funds raised will be allocated as follows:
Completion and series production launch of the CAL Store, Emerald Horizon’s advanced high-temperature energy storage system.
Completion of prototype development for ADES, in partnership with a Dutch high-tech co-developer specializing in particle accelerators and isotopes, known for their accelerated time-to-market capabilities.
The second tranche of €150 million will support ADES’s scaling to full serial production.
