General Motors said its venture capital arm GM Ventures, would lead a $50 million Series B financing round for EnergyX, a Texas-based startup developing a
Aypa Power Acquires Energy Storage Projects in Indiana
Aypa Power, an energy storage company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, acquired two standalone battery energy storage
Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding
XL Batteries, a provider of long-duration grid-scale energy storage solutions, raised $10 million in a Seed-2 round which Catalus Capital led, with additional investment from
Peak Power Raises $200 Million in Financing from Madison Energy Investments
Peak Power, a provider of AI-powered clean energy optimization software for commercial and industrial (C&I) facilities, announced a $200 million financing agreement with Madison Energy
EV Battery Maker Our Next Energy Raises $300 Million in Series B Funding
Our Next Energy (ONE), an energy storage solutions company developing a hybrid system based on a cobalt-free battery and a lithium iron phosphate battery for
Noon Energy Receives $28 Million for Commercializing Carbon-Oxygen Battery Tech
Noon Energy, a developer of carbon-oxygen batteries, raised $28 million in Series A financing to help commercialize its ultra-low-cost, high-energy density carbon-oxygen battery technology for
Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022
Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was
Energy Storage Company Caban Systems Raises $51 Million
Caban Systems, a California-based provider of energy storage-based solutions, raised $51 million in Series B Funding, to help scale domestic battery manufacturing capacity and expand
Rabobank Invests in Large Scale Energy Storage Developer GIGA Storage
Rabobank, with its division Rabo Investments, announced that it has acquired a minority interest in GIGA Storage, intending to help the company expand its large-scale energy
Battery Cell Developer Customcells Secures $63 Million in Series A Funding
Customcells, a developer of battery cells, has announced the completion of a €60 million (~$63 million) Series A funding round, proceeds of which would be