Innogy Innovation Hub has invested in ShieldIOT in a funding round that saw the Internet of Things (IoT) security company raise US$3.6 million (£5 million).
Up to £70 million in new funding for innovative energy tech firms is up for grabs after network operators and the Energy Networks Association launched its Call for Ideas under the Network Innovation Competition (NIC).
Electric vehicle (EV) charging projects focusing on wireless charging and solar forecourts are set to receive a share of government funding totalling £37 million.