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.
Gotion High-Tech Acquires 25% Stake in Battery Company Inobat
Gotion High-Tech, a Chinese battery conglomerate, acquired a 25% stake in InoBat, a Slovakian battery company. Inobat specializes in high-performance NMC batteries with its proprietary
American Battery Technology Company Secures $50 Million Debt Financing
American Battery Technology Company (ABTC), an integrated battery materials technology company, secured a debt financing of $50 million from a single institutional investor. The funding
BESS Power Secures $15 Million Financing to Develop Project Pipeline
BESS Power, a utility-scale energy storage project developer, secured a project debt financing facility of up to $15 million from Leyline Renewable Capital to accelerate
Battery Materials Manufacturer Mitra Chem Raises $40 Million
Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, completed a $40 million first close of a $60 million Series B funding round which