Industrials & Engineering
MEIF Maven Debt Finance
Vivarail specialises in developing a range of hybrid, electric and battery solutions for rail carriages and systems. The company offers a unique proposition to the rail industry and has designed and implemented modular and interchangeable power systems which enable trains to be easily converted to run on batteries.
Vivarail designs and manufactures trains based on existing bodyshells and bogies as part of its focus on reducing carbon waste. The company has taken orders from customers including West Midlands Trains Ltd, Transport for Wales and South Western Railway.
We are delighted to receive this funding package from MEIF Maven Debt Finance. As a business, our focus is to continue to develop environmentally friendly solutions for the rail industry. We look forward to taking this next step in our growth journey, relocating to a larger site and expanding our team.
Ian Wenman, Finance Director at Vivarail