Corporate Funding for Energy Storage Sector Totaled $11.7 Billion in Q1 2024
Energy Storage Corporate funding in Energy Storage came to $11.7 billion in 29 deals in Q1 2024, an increase of 432% year-over-year (YoY) compared to $2.2 billion in 27 deals ...
SWTCH Energy Raises $27.2 Million in Series B Funding
SWTCH Energy, an electric vehicle (EV) charging and energy management solution provider, has closed $27.2 million in Series B funding led by Blue Earth Capital with participation from Alantra’s Energy ...
Funding and M&A Roundup: Nexamp Secures $520 Million
Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside existing investors Diamond Generating Corporation and Generate Capital. The ...
GridBeyond Raises $55 Million in Series C Funding
GridBeyond, an energy and smart grid platform for distributed energy resource management, has closed €52 million (~$55 million) in Series C funding led by Alantra’s Energy Transition Fund, Klima. The ...
Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions
Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan facility. Origin Ventures, a venture capital firm, led the ...