Silbat — Seed (estimated)

Baker Hughes, the energy technology company, took about a 20% stake in Silbat and a board seat to help develop and commercialise its molten-silicon long-duration storage technology. The amount and the round stage were not disclosed; Seed is inferred. Before this, Silbat had non-equity support, including being the first Spanish company funded by Shell's GameChanger programme, public funding from CDTI and backing from EIT InnoEnergy.