Global private equity and venture capital news and research

Texas-based Terra Firma Capital backs Series C for smart mobile infra company FTL Global

24 Jun 2014

ftl groupTexas-based Terra Firma Capital Group has backed a Series C financing round for smart critical infrastructure provider FTL Global Solutions.

The company said it hoped to see its undisclosed capital raise fully subscribed by the fourth quarter, with proceeds slated for operations, research, product development and M&A.

FTL says its mobile systems can be customised to use renewable or traditional sources of energy to generate reliable electric power where an electrical grid or fuel sources are unavailable.

The company also provides mobile systems for water purification, medical and communications services.

FTL chief executive Tony Saxton said, “Today, over two billion people lack access to electricity and clean water.

“Our solutions, which are lightweight, mobile and scaleable, can generate power and provide critical infrastructure services anywhere they are required.

FTL Global’s solutions enables our corporate clients to operate throughout the world—and we empower our NGO partners to provide the power, water, medical and communications services which help underserved communities build crucial economic and social progress.”

Copyright © 2014 AltAssets


Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2015