Q1 2021 Funding and M&A Report for Storage, Grid & Efficiency
$299.00 – $399.00
A combined $1.3 billion
VC Funding was raised in Q1 2021
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Mercom found that in Q1 2021, a combined $1.3 billion was raised in VC funding by Battery Storage, Smart Grid, and Energy Efficiency companies, a 410% increase from the $252 million raised in Q1 2020.
Venture capital (VC) funding (including private equity and corporate venture capital) raised by Battery Storage companies in Q1 2021 came to $994 million in 13 deals compared to $164 million in six deals in Q1 2020. Quarter-over-quarter funding was 183% higher compared to $351 million in 11 deals in Q4 2020.
Thirty-three VC investors participated in Battery Storage funding this quarter.
There were four M&A transactions involving Battery Storage companies in Q1 2021, of which none disclosed transaction amounts. In Q4 2020, there were eight M&A transactions (one disclosed). There were four Battery Storage M&A transactions in Q1 2020, of which none disclosed transaction amounts.
VC funding for Smart Grid companies increased 254% in Q1 2021 with $287 million in 10 deals compared to $81 million in seven deals in Q1 2020.
Twenty-eight investors participated in Smart Grid VC funding rounds this quarter, with a Smart Charging company raising the most.
In Q1 2021, there were six M&A transactions compared to three in Q4 2020 five deals in Q1 2020.
VC funding raised by Energy Efficiency companies in Q1 2021 came to $5 million in one deal compared to $196 million in five deals in Q4 2020. In a YoY comparison, $7 million was raised in three deals in Q1 2020.
One investor participated in VC funding this quarter.
There were no M&A transactions in Q1 2021 and Q4 2020. In Q1 2020, there was one M&A transaction for $1.4 billion.
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) 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 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 87 companies and investors covered in this report. The report is 80 pages in length and contains 75 charts, graphs and tables.