Ads-tec energy secures up to $50 million of gross proceeds to accelerate international expansion and recurring revenue growth

NÜrtingen, germany--(business wire)-- #battery--ads-tec energy (nasdaq: adse), a global leader in battery-based energy storage and ultra-fast ev charging solutions, today announced it has secured up to $50 million in growth capital from well-recognized institutional investors. the proceeds from the offering will be disbursed in two tranches - $15 million in immediate proceeds available to the company and $35 million to become available upon the setup of a controlled account – and will fuel the company's s.
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