T2Y Capital completed an investment in InnoEnergy-backed Prime Batteries Technology.

T2Y Capital, a private equity firm, completed an investment in InnoEnergy-backed Prime Batteries Technology, a European energy storage and lithium‑ion battery manufacturer. Financial terms were not disclosed. "The partnership with T2Y Capital is a significant milestone for our company. They bring capital and complementary expertise as well as access to new markets. T2Y Capital is the ideal partner for Prime Batteries to broaden our offering, including with Battery-as-a-Service, and rapidly expand our international sales footprint to match growing demand," Adrian Polec, Prime Batteries Founder and Chairman.