eCapital entrepreneurial Partners has participated in the second round of funding of Smart Hydro Power with its Cleantech Fund.
In this round, the company, which develops, manufactures, sells and markets micro-hydro power plants, will receive €2.7m (£2.1m) for the financing of reference projects and the development of international sales and marketing.
With its micro-hydro power plants, Smart Hydro Power is said to address the market for ecological, decentralised energy supply, particularly in fast-growing developing countries.
The plants are characterised by their robust construction, low maintenance and easy installation.
The operation takes places without structural interferences into the sensitive eco-systems of rivers.
The turbines generate power of up to 5kW and are used for the power supply of residential buildings, workshops or hospitals.