Click here to download our 9M and Q3 2019 Funding and M&A Executive Summary on Battery Storage, Smart Grid, and Efficiency.

Mercom found that in the first nine months (9M) of 2019, $2 billion was raised by Battery Storage, Smart Grid, and Efficiency companies compared to $1.3 billion in 9M 2018.

Battery Storage

VC funding for Battery Storage companies in 9M 2019 was up 104% with $1.6 billion in 25 deals compared to the $783 million in 38 deals in 9M 2018.

A total of 60 VC investors participated in Battery Storage funding in 9M 2019.

There were a total of 10 (two disclosed) Battery Storage M&A transactions both in 9M 2019 and 9M 2018 each.

Smart Grid

VC funding in Smart Grid companies in 9M 2019 was 27% lower with $194 million compared to $264 million in 9M 2018.

A total of 63 VC investors participated in Smart Grid funding in 9M 2019.

In 9M 2019, there were a total of 23 Smart Grid M&A transactions (one disclosed), compared to nine deals (all undisclosed) in 9M 2018.

Efficiency

VC funding for Energy Efficiency companies in 9M 2019 was flat with $268 million compared to the $265 million raised in 9M 2018.

A total of 33 VC investors participated in Energy Efficiency funding in 9M 2019.

In 9M 2019, there were a total of nine Efficiency M&A transactions (two disclosed), compared to three transactions (all undisclosed) in 9M 2018.

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 9M 2019
• 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 89 companies and investors covered in this report. The report is 109 pages in length and contains 102 charts, graphs and tables.