Energy software provider on expansion trail after significant funding boost
POWWR, the US energy software provider with a Manchester UK base, has received a significant multimillion-pound cash injection from Five Elms Capital.
The investment will be used to bolster POWWR’s product innovation and enable it to increase its headcount by up to 40% over the next 12 months.
Paul Hodnett, founder of the UK business, formerly known as UD Group, has been appointed to chief executive.
He has been an instrumental leader at POWWR since 2019, when it merged with UD Group.
Hodnett has intricate knowledge of t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
