Click here to download our 1H and Q2 2020 Funding and M&A Executive Summary on Battery Storage, Smart Grid, and Efficiency.

Mercom found that in the first half (1H) of 2020, $858 million was raised by Battery Storage, Smart Grid, and Efficiency companies compared to $1.8 billion in 1H 2019.

Battery Storage

VC funding in Battery Storage companies in 1H 2020 was down by 61%, with $536 million in 14 deals compared to $1.4 billion in 17 deals in 1H 2019.

A total of 26 VC investors participated in Battery Storage funding in 1H 2020.

In 1H 2020 there were a total of eight (all undisclosed) Battery Storage M&A transactions compared to six transactions (one disclosed) in 1H 2019.

Smart Grid

VC funding in Smart Grid companies in 1H 2020 was 79% higher with $275 million compared to the $154 million raised in 1H 2019.

A total of 44 VC investors participated in Smart Grid funding in 1H 2020.

In 1H 2020, there were a total of six Smart Grid M&A transactions (all undisclosed) compared to 18 transactions (one disclosed) in 1H 2019.

Efficiency

VC funding for Energy Efficiency companies in 1H 2020 was 77% lower with $47 million compared to the $207 million raised in 1H 2019.

A total of 17 VC investors participated in Energy Efficiency funding in 1H 2020.

In 1H 2020 there was one disclosed Efficiency M&A transaction compared to eight transactions (two disclosed) in 1H 2019.

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 2020
• 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 109 companies and investors covered in this report. The report is 95 pages in length and contains 94 charts, graphs and tables.