Allegro Energy, a developer of aqueous-based redox flow battery energy storage solutions, has closed A$17.5 million (~$11.6 million) in Series A funding. This funding round
Energy Storage Company 24M Raises $87 Million in Series H Funding
24M, a manufacturer of proprietary semisolid battery cells, closed a $87 million Series H funding round, bringing its total amount raised to over $500 million.
Lithium-ion Battery Startup WATTALPS Secures $12 Million
WATTALPS, a European lithium-based battery startup, has secured €11 million (~$12 million) in Series A funding. New investors led this funding round, including Supernova Invest, Move
Thermal Energy Storage Startup Calectra Raises $1.6M Pre-seed Funding
Calectra, a thermal energy-based energy storage system provider, raised $1.6 million in a pre-seed funding round led by Lifeline Ventures with participation from Aera VC, Security
VARTA AG Announces Debt Reduction and Investment
VARTA AG, the German battery manufacturer, has announced that it has agreed with its financial creditors and strategic investors on a viable restructuring concept. The
Battery Developer UgoWork Raises $51 Million in Funding
UgoWork, a provider of advanced energy storage solutions for material handling equipment, secured $51 million in Series C funding. Fonds de solidarité FTQ led the round,
Battery Manufacturer Addionics Closes $39 Million in Series B Funding
Addionics, an Israel-based chemistry-agnostic battery technology company, raised $39 million in a Series B funding round. The round was co-led by GM Ventures and Deep
Peak Energy Secures $55 Million in Series A Funding
Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing platform. The
NineDot Energy Upsizes Revolving Credit Facility to $50 Million
NineDot Energy, a developer of community-scale clean energy projects, closed an additional $25 million revolving credit debt facility provided by NY Green Bank, a New
Energy Storage Companies Raise $15.4 Billion in Corporate Funding in 1H 2024
Energy Storage Corporate funding for energy storage companies in the first half of 2024 reached $15.4 billion across 64 deals, marking a 117% increase year-over-year