Click here to download our 1H and Q2 2019 Funding and M&A Executive Summary on Battery Storage, Smart Grid, and Efficiency.

Mercom found that in the first half (1H) of 2019, $1.7 billion was raised by Battery Storage, Smart Grid, and Efficiency companies compared to $843 million in 1H 2018.

Battery Storage

VC funding in Battery Storage companies in 1H 2019 was up by 139% with $1.4 billion in 17 deals compared to the $543 million in 30 deals in 1H 2018.

A total of 41 VC investors participated in Battery Storage funding in 1H 2019.

In 1H 2019 there were a total of six (one disclosed) Battery Storage M&A transactions, compared to eight transactions (two disclosed) in 1H 2018. There were two undisclosed Battery Storage M&A transactions in Q2 2019. By comparison, there were four (one disclosed) Battery Storage M&A transactions in Q1 2019 and Q2 2018 apiece.

Smart Grid

VC funding in Smart Grid companies in 1H 2019 was 11% lower with $120 million compared to the $135 million raised in 1H 2018.

A total of 48 VC investors participated in Smart Grid funding in 1H 2019.

In 1H 2019, there were a total of 17 Smart Grid M&A transactions (one disclosed), compared to five transactions (all undisclosed) in 1H 2018. There were eight Smart Grid M&A transactions (all undisclosed) in Q2 2019. By comparison, there were nine Smart Grid M&A transactions (one disclosed) in Q1 2019 and four transactions (all undisclosed) in Q2 2018.

Efficiency

VC funding for Energy Efficiency companies in 1H 2019 was 25% higher with $207 million compared to the $165 million raised in 1H 2018.

A total of 18 VC investors participated in Energy Efficiency funding in 1H 2019.

In 1H 2019 there were a total of eight Efficiency M&A transactions (two disclosed), compared to three transactions (all undisclosed) in 1H 2018. There were seven Efficiency M&A transactions (one disclosed) in Q2 2019. By comparison, there was one disclosed Efficiency M&A transaction in Q1 2019 and two undisclosed M&A transactions in Q2 2018.

Mercom Capital Group’s Battery Storage, Smart Grid, and Efficiency Funding and M&A Reports are comprehensive high-quality reports delivering superior insight, market trends and analysis. These reports help bring clarity to professionals in the current financial landscape of the smart grid industry.

The Quarterly Funding and M&A Reports contain QoQ information on market activity displayed in easy-to-digest charts, graphs and tables, as well as data-driven analysis covering:

• VC and M&A trends and charts for 1H 2019
• Venture capital funding deals including top investors, QoQ trends, and a breakdown of charts and graphs by stage;
• VC funding by technology;
• Debt and other funding deals;
• Mergers and Acquisitions (M&A) including QoQ trends, with charts and graphs by technologies;
• Battery and storage funding deals;
• Smart Grid funding deals;
• Energy Efficiency funding deals;
• New cleantech funds;

This report also contains comprehensive lists of all announced deals and transactions during the quarter, including:

• VC deals and investors;
• M&A transactions and acquirers;
• New cleantech funds.

There were 135 companies and investors covered in this report. The report is 108 pages in length and contains 101 charts, graphs and tables.