2020 Q4 and Annual Funding and M&A Report for Storage, Grid & Efficiency
$599.00 – $799.00
A combined $8.1 billion
Corporate Funding was raised in 2020
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Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 2020 was up by 112%, with $8.1 billion compared to $3.8 billion in 2019.
Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2020 was 12% higher with $2.6 billion compared to $2.3 billion raised in 2019.
Total corporate funding in the battery storage sector was up 136% with $6.6 billion in 54 deals in 2020. However, VC funding for Battery Storage companies totaled $1.5 billion in 32 deals compared to $1.7 billion raised in 32 deals in 2019.
Lithium-ion based battery technology companies received the most VC funding in 2020, with $649 million. Other categories that received funding included Solid-state batteries, Energy storage downstream, Energy storage systems, and Flow batteries.
There were 19 M&A transactions in the Battery Storage category in 2020, of which two disclosed transaction amounts.
Smart Grid companies raised $748 million in VC funding in 38 deals in 2020, a 149% increase compared to the $300 million raised in 38 deals in 2019. Total corporate funding, including debt and public market financing, came to $758 million in 41 deals compared to $372 million in 41 deals in 2019.
Smart Charging companies had the largest share of VC funding in 2020 with $324 million in 13 deals, followed by Smart Grid Communications companies with $119 million in six deals, and Demand Response companies with $104 million in three deals.
In 2020, there were 21 M&A transactions (four disclosed) recorded in the Smart Grid sector compared to 29 in 2019.
VC funding for Energy Efficiency companies came to $291 million in 16 deals in 2020 compared to $298 million in nine deals in 2019. Total corporate funding, including debt and public market financing, reached $791 million in 2020 compared to $670 million in 2019.
M&A activity for Efficiency companies in 2020 decreased with four transactions, two of which disclosed the transaction amount. In 2019, there were nine M&A transactions with two that disclosed the transaction amount.
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 quarter-over-quarter (QoQ) and year-over-year (YoY) information on market activity displayed in easy-to-digest charts, graphs and tables, as well as data-driven analysis covering:
- Venture capital funding deals including top investors, QoQ and YoY 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 and YoY 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 116 companies and investors covered in this report. The report is 132 pages in length and contains 134 charts, graphs and tables.