Petalite seeking a £300,000 charge of expansion cash
alite battery is much more efficient, as the core principle is rapid charging.
“This is reflected in the number of patent applications we have pending.
“We were overwhelmed by the success of our Indiegogo campaign at the start of the year which raised 153 per cent of the funding goal.
“The premium nature of a Petalite device resonates with the target audience.
“We have spent nearly 12 months on the prototyping phase and are now ready to embark on full commercialisation of Petalite.
“For this to be possible, we require £300,000 of equity investment, either from venture capitalists or angel investors.”
Petalite portable batteries, together with mains-powered rapid-charg- ing docking stations, will be available to order online later this year and will cost £20.
Katharine Fuller, Innovation Birmingham’s senior project manager for EU projects, said: “Leigh is a natural entrepreneur who has the ambition and determination to make a success of his invention.
“Although there are other products with some similarities on the market, Leigh can instantly demonstrate how the Petalite battery is so much more efficient, eco-friendly and cost-effective.
“Innovation in hardware has been the big trend in the low-carbon and tech sectors this year which Petalite perfectly epitomises.
“It has been one of the stand-out products across our European-wide Low Carbon Accelerator programme.”