Mercom Research Focus

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Mercom Research Focus

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Q1 2024 Solar Funding and M&A Report


French EV Charging Company Driveco Raises $273 Million in Funding

French EV Charging Company Driveco Raises $273 Million in Funding

Driveco, a provider of EV charging solutions, raised €250 million (~$273 million) from APG, an institutional investor. The funding round also saw the participation of existing shareholders Mirova and Corsica ...
/ Storage
Funding and M&A Roundup: Battery Developer Altris Raises $5.2 Million

Funding and M&A Roundup: Battery Developer Altris Raises $5.2 Million

Altris, a company that develops sodium-ion batteries, secured €4.8 million (~$5.2 million) in bridge financing from its current investors and employees. The funding will help the company scale its production ...
/ Solar, Storage
Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022

Blue Whale Materials Acquires Eclipse Energy to Offer Battery Testing

Blue Whale Materials, a provider of lithium-ion battery recycling solutions, announced the acquisition of Eclipse Energy, a battery testing and evaluation lab based in Greenfield, Indiana. The acquisition will allow Blue ...
/ Storage
Sodium–ion Battery Company Altris Raises $5.2 Million in Funding

Sodium–ion Battery Company Altris Raises $5.2 Million in Funding

Altris, a company that develops sodium-ion batteries, secured €4.8 million (~$5.2 million) in bridge financing from its current investors and employees. The funding will help the company scale its production ...
/ Storage
Funding and M&A Roundup: Energy Dome Closes $44 Million Series B Funding

Funding and M&A Roundup: Energy Dome Closes $44 Million Series B Funding

Energy Dome, a provider of long-duration energy storage solutions, raised €40 million (~$44 million) in a Series B funding round led by Eni Next and Neva SGR. The investment will ...
/ Solar, Storage