Click here to download our 9M & Q3 2018 Funding and M&A Executive Summary on Battery Storage, Smart Grid, and Efficiency

Mercom found that in the first nine months (9M) of 2018, $1.3 billion was raised by Battery Storage, Smart Grid, and Efficiency companies compared to $1.2 billion in 9M 2017.

Battery Storage

VC funding for Battery Storage companies in 9M 2018 was 39 percent higher with $783 million raised compared to the $563 million raised in 9M 2017.

Li-based Batteries companies received the most funding with $211 million.

In 9M 2018 there were a total of 10 Battery Storage M&A transactions compared to three transactions in 9M 2017. There were two Battery Storage M&A transactions in Q3 2018. By comparison, there were four Battery Storage M&A transactions in Q2 2018 and one transaction in Q3 2017.

Smart Grid

VC funding for Smart Grid companies in 9M 2018 was 31 percent lower with $264 million compared to the $380 million raised in 9M 2017.

Smart Charging of PHEV and V2G companies had the largest share of VC funding in 9M 2018 with $91 million in four deals.

In 9M 2018 there were a total of nine Smart Grid M&A transactions, compared to 19 transactions (five disclosed) in 9M 2017. There were four Smart Grid M&A transactions in both Q3 and Q2 2018. By comparison, there were six Smart Grid M&A transactions in Q3 2017.

Efficiency

VC funding for Energy Efficiency companies in 9M 2018 was eight percent lower with $265 million compared to the $289 million raised in 9M 2017.

Temperature Control companies captured the most funding with $97 million in two deals in 9M 2018.

In 9M 2018 there were a total of three Efficiency M&A transactions, compared to seven transactions (three disclosed) in 9M 2017. There were no Efficiency M&A transactions in Q3 2018. By comparison, there were two Efficiency M&A transactions in both Q2 2018 and Q3 2017.

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 88 companies and investors covered in this report. The report is 95 pages in length and contains 88 charts, graphs and tables.