Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate principal amount of $75 million
phelas Secures $4.5 Million Seed Funding
phelas, a provider of long-duration energy storage solutions, secured €4.1 million (~$4.5 million) in seed funding. The round was led by E44 Ventures, an Israel-leading
Battery Startup Anthro Energy Raises $20 Million in Series A Funding
Anthro Energy, a provider of lithium-based battery solutions, announced the closing of an over-subscribed $20 million Series A funding round. Collaborative Fund led the financing,
Sion Power Raises $75 Million in Series A Funding
Sion Power Corporation, a developer of batteries for electric vehicles, secured $75 million in Series A funding. The round was led by LG Energy Solution
Venture Capital Funding in Energy Storage Increases 59% Year-over-Year, with a Record $9.2 Billion in 2023
Energy Storage Venture capital (VC/PE) funding in Energy Storage in 2023 was the highest ever recorded, increasing 59% year-over-year (YoY), with $9.2 billion in 86
Energy Storage Project Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with
Thermal Energy Storage Startup Fourth Power Raises $19 Million
Fourth Power, a thermal energy storage startup, has secured $19 million in Series A funding led by DCVC, with participation from Breakthrough Energy Ventures and
Lithium Refining Company Stardust Power to go Public via SPAC Deal
Stardust Power, a manufacturer of battery-grade lithium products, entered into a definitive agreement for a business combination with Global Partner Acquisition Corp. II, a publicly
Battery Recycling Startup Cicu Li-ion Raises $9 Million Seed Funding
Circu Li-ion, a battery recycling startup, raised €8.5 million (~$9 million) in seed funding. The funding includes €4.5 million (~$4.8 million) in equity, which was
Sodium-Ion Battery Manufacturer Peak Energy Secures $10 Million
Peak Energy, a sodium-ion battery manufacturer, has secured $10 million in a funding round led by Eclipse, with significant participation from strategic partner TDK Ventures.