Emerald AI Raises $150 Million Series A Funding at $1.05 Billion Valuation
From: Mercom India Emerald AI, a developer of software for managing data center electricity consumption and computing workloads, has raised $150 million in an oversubscribed Series A funding round at ...
Corporate Funding for Smart Grid Companies Reached $1.9 Billion in 1H 2026
Corporate funding for Smart Grid companies, including venture capital (VC) funding, debt, and public market financing, totaled $1.9 billion across 41 deals in the first half of 2026, a 36% ...
Project Finance Brief: Fidra Secures $312 Million for Energy Storage Project
Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery storage project in Nottinghamshire, England. EIG and the ...
Grid Software Solutions Provider Piq Energy Raises $5 Million in Funding
From: Mercom India Piq Energy, a grid planning software company, has raised $5 million in an oversubscribed seed funding round led by Active Impact Investments. Cisco Foundation, Mobilize AI x ...
Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy
Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 ...