Maximeyes Group acquired a significant stake in Puredrive Energy.

Maximeyes Group, one of the UKs most innovative energy companies, acquired a significant stake in Puredrive Energy, a leading battery storage company. Financial terms were not disclosed. Shamir Jiwa, CEO and founder of The Maximeyes Group, comments, “Puredrive Energy really is at the forefront of innovation in energy. The team have and continue to create the smartest storage system in the market, regardless of where and how energy is generated, we know that it will need to be stored. Just look at how battery technology has revolutionised the telecoms industry by enabling mobile phones, we are now at the genesis of the next generation storage revolution for households. It is our belief that smart battery systems will be as prevalent as double glazing in the next 10 years, and we are positioning ourselves in a sector where we can build a leading global brand starting in the UK.”