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Arago Technology

Founded 2010 Venture round Total: $325.00K

General Information

Company Name Arago Technology
Founded Year 2010
Funding Stage Venture round
Social

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About Arago Technology

Arago Technology, founded in 2010, has developed a groundbreaking platform technology showcased in its inaugural product - an electrically insulating composite cross-arm for transmission towers. This innovative product enables voltage increases in towers without necessitating any modifications to their overall design or height. The company's objective is to aid National Grid and other global transmission firms in accommodating the anticipated 50% surge in electrical energy demand by 2050, driven by the push for energy decarbonization and the widespread adoption of electric vehicles and heat pumps. Arago Technology secured a £325.00K investment in a Venture Round on 01 July 2013, with the backing of MTI Ventures.

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Venture Round £325.00K 1
MTI Ventures
01 Jul 2013

FAQ About Arago Technology

Arago’s platform technology is demonstrated in its first product offering, an electrically insulating composite cross-arm for transmission towers. This innovation allows voltage increases in towers without requiring any changes to their overall design or height. The deployment of this technology aim...
Arago Technology was founded in 2010.
Arago Technology has completed 1 funding round, raising a total of $325.00K. The latest funding stage is Venture round.

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Source: BounceWatch company record for Arago Technology, https://bouncewatch.com/company/arago-technology, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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