Kent-based Sunstone Systems has raised £1m in equity finance for its solar-powered surveillance systems that can be used in remote places.
The company has created a solar-powered CCTV system capable of working in “extreme environments”, such as oil and gas fields, mining sites and on highways. The internet of things (IoT) devices can function in temperatures ranging from -50°C to +80°C, the company claims.
Customers of the solar tech maker include Rivian Automotive, WJ Group, Mitie and Johnson Controls.
Aaron David, CFO of Sunstone Systems, said: “The need to have power to critical and remote locations without the reliance on fossil fuels is growing more acute by the day. It’s why we see this latest fundraise as just the start of another period of exceptional growth.”
Sunstone Systems will use the £1m to develop new products as well as enter new markets in Europe and America.
Sunstone Systems hired ex-managing director of JP Morgan Tony Best as its non-executive director in January.
David added: “The UK has an extremely ambitious net zero programme, and we want to play a key part in making it happen.
“For us, this means developing world-leading, renewable energy-powered equipment to help industrial operations take simple steps to reduce their carbon footprint in their day-to-day activities.”
Earlier this year energy startup Solivus land £2.4m for its solar panels that can be installed on commercial rooftops.
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